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Home My WebLink About2015-03-19 Info Packet-.�...._ �OmCITY COUNCIL INFORMATION PACKET CITY OF IOWA CITY March 19, 2015 www.icgov.org IP1 Council Tentative Meeting Schedule MARCH 23 WORK SESSION IP2 Work Session Agenda IP3 Memo from Economic Development Administrator and Coordinator: Selection of preferred developer for Court / Linn site IP4 Pending City Council Work Session Topics MISCELLANEOUS IPS Memo from City Manager: Economic Development Administrator resignation IP6 Memo from Asst. City Manager: Coralville Arena Project Update IP7 Memo from Development Services Coordinator: Unitarian Church property demolition permit IP8 Memo from Parks and Recreation Director: Administration of the Farmers Market IP9 Email from Council Member Botchway: KXIC Schedule — `Your Town' participation IP10 Email from Council Member Botchway: County anti -wage theft ordinance IP11 Email from City Manager to Council Member Throgmorton: Comp Plan Amendments Memorandum from City Manager to Director, Neighborhood and Development Services: Rezoning request for the College St / Gilbert St property [Distributed as late handout on 3/20/15] IP12 Email from City Manager: Op-ed on Solar IP13 Memo from Neighborhood and Development Services Dir.: Housing and Urban Development (HUD) and Department of Veterans Affairs Supportive Housing Assistance (VASH) program IP14 Copy of letter to Kennedy Parkway area households: Removal of Speed Humps on Kennedy Parkway IP15 Letter from Mediacom: WGN decision to move from superstation to a cable network IP16 Copy of press release: Public input sought on Public Access Television (PATV) CITY COUNCIL INFORMATION PACKET CITY OF IOWA CITY March 19, 2015 www.icgov.org IPI Council Te tative Meeting Schedule MARCH 23 WORK SESSION IP2 Work Session Age a IP3 Memo from Economic velopment Administrator and Coordin or: Selection of preferred developer for Court / Li site IP4 Pending City Council Work ession Topics SCELLANEOUS IP5 Memo from City Manager: Economic evelopment dministrator resignation IP6 Memo from Asst. City Manager: Coralvil Arena roject Update IP7 Memo from Development Services Coordin to . Unitarian Church property demolition permit IP8 Memo from Parks and Recreation Director: min tration of the Farmers Market IP9 Email from Council Member Botchway: IC Schedu —'Your Town' participation IP10 Email from Council Member Botchway: ounty anti -wag theft ordinance IP11 Email from City Manager to Council ember Throgmorton: C mp Plan Amendments IP12 Email from City Manager: Op-ed n Solar IP13 Memo from Neighborhood nd Development Services Dir.: Housing and Urban Development (HUD) and De rtment of Veterans Affairs Supporti Housing Assistance (VASH) program IP14 Copy of letter to Kenne Parkway area households: Removal of eed Humps on Kennedy Parkway IP15 Letter from Mediacom- WGN decision to move from superstation to a cablexn�twork y IP16 Copy of press rel se: Public input sought on Public Access Television (PATVj 03-19-15 IN r City Council Tentative Meeting Schedule lI,-,•. *Ag Subject to change March 19, 2015 � - %ANN. CITY OF IOWA CITY Date Time Meeting Location Monday, March 23, 2015 5:00 PM Work Session Meeting Emma J. Harvat Hall 7:00 PM Formal Meeting Tuesday, April 7, 2015 5:00 PM Work Session Meeting Emma J. Harvat Hall 7:00 PM Formal Meeting Wednesday, April 15, 2015 5:00 PM Special Formal Mtg.-Executive Session Emma J. Harvat Hall (evaluations Manager, Attorney, Clerk) Monday, April 20, 2015 4:00 PM Reception prior to meeting TBA (Coralville) 4:30 PM Joint Meeting / Work Session Tuesday, April 21, 2015 5:00 PM Work Session Meeting Emma J. Harvat Hall 7:00 PM Formal Meeting Tuesday, May 5, 2015 5:00 PM Work Session Meeting Emma J. Harvat Hall 7:00 PM Formal Meeting Tuesday, May 19, 2015 5:00 PM Work Session Meeting Emma J. Harvat Hall 7:00 PM Formal Meeting Tuesday, June 2, 2015 5:00 PM Work Session Meeting Emma J. Harvat Hall 7:00 PM Formal Meeting Tuesday, June 16, 2015 5:00 PM Work Session Meeting Emma J. Harvat Hall 7:00 PM Formal Meeting Monday, July 27, 2015 5:00 PM Work Session Meeting Emma J. Harvat Hall 7:00 PM Special Formal Meeting Tuesday, August 18, 2015 5:00 PM Work Session Meeting Emma J. Harvat Hall 7:00 PM Formal Meeting Tuesday, September 1, 2015 5:00 PM Work Session Meeting Emma J. Harvat Hall 7:00 PM Formal Meeting Tuesday, September 15, 2015 5:00 PM Work Session Meeting Emma J. Harvat Hall 7:00 PM Formal Meeting Tuesday, October 6, 2015 5:00 PM Work Session Meeting Emma J. Harvat Hall 7:00 PM Formal Meeting I t 1 qk ®,® CITY OF IOWA CITY 4t0 East Washington Street towa City. Iowa 52240-1826 (319) 356-5000 (319) 3S6-S009 FAX www.tcgov.org City Council Work Session Agenda Monday, March 23, 2015 Emma J. Harvat Hall - City Hall 410 E. Washington Street 5:00 PM ■ Questions from Council re Agenda Items ■ Council Appointments [#14] ■ Gateway Project Update • Determine preferred developer for Court / Linn property [IP #3 Info Packet of 3/19] ■ Information Packet Discussion [March 12, 19] ■ Council Time ■ Pending Work Session Topics [IP #4 Info Packet of 3/19] ■ Upcoming Community Events/Council Invitations -19-15 =��,--'r..®4. CITY OF IOWA CITY IP3 IT MEMORANDUM To: Tom Markus, City Manager From: Jeff Davidson, Economic Development Administrator Wendy Ford, Economic Development Coordinator Date: March 16, 2015 Re: Selection of preferred developer for Court/Linn site The internal review committee for the Court/Linn site met on March 11 to review and discuss the proposals from the two finalists. Both proposals were judged by the review committee to be fully responsive to all of our imposed requirements. At the meeting it was unanimously agreed to rank the proposals as follows: ➢ Preferred developer: CA Ventures ➢ First alternate preferred developer: Core Campus The internal review committee included two members of the City Council, Kingsley Botchway and Susan Mims. The next step is for the full City Council to determine if they concur with the recommended preferred developer, and if so, direct staff to begin negotiations of a development agreement. This does not require official action by the City Council; it may be done by consensus at the March 23 City Council Work Session. Attached is the review committee document which summarizes the two proposals and the two final proposals. Staff will be prepared to answer any questions at the March 23 Work Session. We wish to retain the first alternate preferred developer in case we are unable to come to agreement with the preferred developer. cc: Wendy Ford xa_ - ��4 i MIT$ L CITY OF IOWA CITY UNESCO GTY OF UTMTM CITY OF IOWA CITY MEMORANDUM Date: March 3, 2015 To: Court/Linn internal review committee From: Jeff Davidson, Economic Development Administrator Wendy Ford, Economic Development Coordinator Re: Court -Linn Proposals, revised February 2015 The internal review committee met on February 10, 2015 to discuss the revised proposals from the two finalists for the Court/Linn site. The committee offered each proposer the opportunity to respond to concerns over adherence to the Riverfront Crossings Form Based code and to the City's desire to include affordable housing in the project, as opposed to providing a fee in lieu of. Proposers were given until February 24 to submit revised proposals. Riverfront Crossings Form Based Code compliance Prior to the meeting on February 10, Karen Howard, Development Services, reviewed each proposal for its compatibility with the form -based code and provided a memo with points of concern. She outlined deficiencies in each plan and shared those with the internal review committee and with the proposers. Upon review of the final proposals submitted February 24, she notes, in general, that CA's RISE building is completely redesigned and substantially improved and now appears to meet both the letter and the intent of the form -based code with no discernible exceptions. Retail, office, and hotel uses are now ideally located to create a visible and prominent urban frontage along Court Street. Parking is now completely screened from view with garage access from the alley. Residential units front on Linn Street with much improved, usable open space proposed on the site in the mid -block pedestrian plaza and second floor outdoor patio and amenity space. The redesign has the added bonus of providing improved light and views for the residential units and for the interior amenity space. Core's Hub also has a change in their design. They extended the building closer to Court Street so there is a direct connection between the second floor office space and the public sidewalk. Some minor adjustments will still need to be granted to allow the corner courtyard and the recessed hotel forecourt along Linn Street. Affordable Housing provisions Tracy Hightshoe, Neighborhood Services Coordinator, reviewed the proposals for the provision of affordable housing. She noted that CA's RISE would provide 32 one -bedroom units at the Home Fair Market Rate ($668) to households under 80% Median Income, compared to Core's Hub of 40 efficiency units at the HOME Fair Market Rate ($558 — also noting a discrepancy between the HFMR of $558 and the proposal's narrative at $588.) She noted that one bedroom units would be preferable over efficiencies because they would invite a greater diversity of households. She also noted a concern with providing affordable housing within developments designed primarily for undergraduate students, citing significant style -of -life differences that may exist between people who are young parent(s) with an infant or child, disabled, and/or seniors. She said it might be good to consider a portion of the building that would be designated for March l7,Z0lS Page either non -students orstudents who prefer a"ouket"lifestyle. Doing snwould achieve agoal uffor ,quiet" living for both students and non -students without segregating by income differences. Each revised proposal is attached as is an updated Zoning Analysis for the Court / Linn finalists. |nthe table below, we have added updated information provided by the proposers in red. Unchanged HUB at Iowa City The RISE at Riverfront Crossings by CORE by CA Ventures loll I 10i Purchase Offer $5 million $6.5 million (initial response: $4.5 million) (initial response: $5 million) Approximate $95.5 million for 672,872 GSF $102.5 million for 558,746 GSF Project Cost Project 15 story mixed use building with 405 15 story south residential tower and 14 story north Description residential units, 4,000 SF retail, 20,145 SF hotel tower with 320 residential units, 6,325 SF office. 153 room hotel. retail, 25,518 SF office, 152 room hotel. Residential 405 units; 798 beds; avg 766 SF per unit. 320 units; 557 beds; avg 760 SF per unit components (Drawings in proposal show unit mix on floor plans with 357 units and 762 beds. Unit mix from drawings1plans below) Efficlencles 38(11%) Affordable Inclusion of 40 efficiency units at Home Fair Inclusion of 10% (32) one bedroom affordable Housing Market Rent; currently $558/mo; apartments for 80% or lower of Median Household though Core stated $588 (typo?) in text.. Income. Parking spaces 482 326 Col-ablOffice $400,000 contribution towards CoLab facility 23,355 SF Space in form of 1 It year rent abatement (20,000 Iowa City would have first option to lease at CoLab space $4.15 million Depending on level of build -out of 29,100 GSF: for sale to Option 1; Warm Dark Shell @ $80/SF = $2.328 M Option 3; Vanilla Box plus $45/SF build -out allowance for $4.656 M Hotel 153 rooms 152 rooms. Last proposal 150. March 17, 2015 Page 3 HUB at Iowa City The RISE at Riverfront Crossings by CORE by CA Ventures Management: First Hospitality Group Relocated to Court Street frontage. including these brands as possibilities: Hyatt Management: First Hospitality, Bricton Group, or Place, Fairfield Inn & Suites, Stanwood, Aloft, Aimbridge Hospitality. Courtyard by Marriott. Brands: Canopy by Hilton, AC Hotels by Marriott or Starwood Aloft Retail 4,000 SF for Goodness — a fast casual 6,365 SF restaurant Riverfront Building design modified to bring the Court Active street frontage for each use in building. Crossings Street facade to 8' of the property line. Screened parking. Form Based Codeissues addressed? Sustainable Striving to achieve LEED silver certification; Targeting LEED silver or higher. Qualities green roof. Staff Estimated annual Property taxes, year one $1,881.230 $1,839,495 Staff Estimated annual hotel tax, year one $196,021 $192,177 Owner Core Campus, Chicago, IL, Tom Harrington. CA Ventures (formerly known as Campus Development Partner— DRW Holdings LLC Ac uisitions , Chica o, IL Contact Tom Harrington John Diedrich Architect Karen Herold — Studio K Design with Grant Hartshorne Plunkard Architecture Brandenburg —WareMalcomb. Contractor Evans S ileo Construction Manager Regional GC Zoning Analysis for Court/Linn Finalists Analysis based on South Downtown Subdistrict Standards in the adopted Form -based Zoning Code. The form -based code states that "the South Downtown Subdistrict is intended for high intensity mixed-use development in buildings with active ground floor uses opening onto pedestrian -friendly streetscapes. Buildings are designed with facades aligned along public sidewalks with parking and service areas located behind buildings in rear lot and mid -block locations." Basic form -based zoning standards for the South Downtown Subdistrict: • Building Placement (primary street setbacks): 2' min.; 8' max. (Note that both Court and Linn Streets are designated as primary streets). • Building height: 2 stories min.; 8 stories max. Bonus height may be granted up to max. of 15 stories. • Upper story stepback of 10' required above the 5th story. This stepback requirement can be met at a lower level upon request. • Frontage Requirement: A storefront frontage is required on at least a portion of the Court Street frontage and either a storefront frontage or urban flex frontage is required for the remainder of the ground level building fagades. The storefront frontage requires facades that are aligned close to the streetside property line, with large transparent windows and multiple building entries at the grade of the fronting sidewalk. The urban flex frontage is similar, requiring ground floor storefront conditions with high proportions of transparency, but to a lesser degree than the Storefront Frontage. • Facade Continuity: To define pedestrian friendly streetscapes and create a mostly continuous frontage of buildings along primary streets, principal buildings must occupy a min. of 75% of the primary street lot frontage. Parkinq must be setback a min. of 30' from the front building fagade and located behind fully - enclosed, occupied building space. Parkinq required: No parking required for non-residential uses. Parking is required for the residential units at the following ratios: • 0.50 spaces per efficiency/1-bedroom apt; • 1 space per 2 -bedroom apt; and • 2 spaces per 3 -bedroom apt. • Parking may be waived for affordable units Other parking related provisions/issues to note: • Site is located in the Downtown and Riverfront Crossings Parking District, which allows the parking requirement to be reduced by up to 50%, provided a fee is paid in lieu. • While parking is not required for the hotel, there will be a demand for it, so will be an issue the chosen developer will have to address. • Uses allowed: All proposed uses (hotel, office, retail, residential) are allowed. Residential density is unlimited, but the number of 3 -bedroom apartments is capped at 30% of the total number of units on the site. Open Space Requirement for Projects with Residential Use: Usable open must be provided at a ratio of 10 square feet per bedroom. To meet the standard, the space must be designed to be accessible for all residents, designed to preserve privacy for individual dwelling units, improved to support leisure activities and informal gathering, located in one or more clearly defined, compact areas, with each area not less than 400 square feet and no dimension less than 20' and no slope greater than 10%. Zoning Analysis for "Hub on Campus" Executive Summary: In large part, the proposed design satisfies the letter and the intent of the Riverfront Crossings form -based zoning standards. The proposed building is designed with active ground floor uses opening onto pedestrian -friendly streetscapes with facades aligned along public sidewalks and parking and service areas located behind active building space. While some minor changes to the building and site design will be necessary, these should not present a significant hurdle. The code allows the staff form -based code committee limited administrative authority to allow minor departures from certain code provisions to accommodate difficult or unique site conditions. Some flexibility in application of the code provisions is warranted in this case due to the complexities presented by the sloping building site. Minor adjustments could be granted administratively for the small garden courtyard at the corner of Linn and Court and the modified forecourt proposed for the hotel entrance/drop-off. Building Placement: With some minor modifications to the building design to create more connection between the building and the public sidewalk along Court Street, the building could be approved under the current form -based code requirements with some administrative adjustments to accommodate the complexities caused by the sloping building site. For more detailed analysis see below: • Proposed building exceeds the maximum setback along Court Street. It is setback approximately 20 feet along Court Street frontage with outdoor garden/courtyard at the corner with dimensions of approximately 55' x 48'. Due to the sloping nature of the both the Court and Linn Street frontages, the architect has chosen to place the above -grade building levels at a lower elevation to correspond with the longer building frontage along Linn Street. This makes it possible to create a more active building front along Linn Street, with no exposed parking garage, but results in a small sunken plaza space along Court Street. The first two levels of above -grade building space along Court Street are intended for the co -lab office space. If the building is extended toward Court Street in compliance with the form -based code this will allow the possibility for direct access from the public sidewalk to the second floor of the office space as well as direct access from the Linn Street sidewalk to the first floor office space through the at -grade corner garden courtyard. With this change, the building would comply with the building placement standards along Court Street. (Revision made to extend the building toward Court Street to comply with the maximum front setback). • It appears that the building meets or could meet the setback requirements with some minor changes along Linn Street for most of the frontage. Hotel drop off could be allowed within an approved modified forecourt frontage. This is more easily accomplished along the lengthier Linn Street frontage, without compromising the desired pedestrian -oriented character of the street. Combined with the garden courtyard at the corner, this creates a significant corner presence for the hotel. (A modification will still be needed to allow the corner greenspace and the hotel drop- off within the forecourt frontage). • The corner garden courtyard would have to be approved through the minor adjustment provisions in the code. Using the space as an outdoor garden space at the corner to address slope issues and to open up views of the hotel entrance may be acceptable reasons to adjust the standards, provided that the space remain fairly small as shown on the plans, so there remains visual and physical connection between the building and the public sidewalk. As noted above, to meet the building placement standards on Court Street, the building will have to be extended or shifted toward the street to connect more directly with the sidewalk, which would eliminate the sunken portion of the courtyard that extends north along the Court Street frontage. It should also be noted that the green space proposed at the corner is flat rather than sloping making it a more accessible and usable outdoor amenity space for the development. (The redesign extends the office space to front on Court Street and eliminates the sunken light court. This creates a better interface with the public sidewalk for the second floor office space allowing an entrance directly from the street, but since the lower level office space is set back from Linn Street behind the corner greenspace light into the interior space will be from the east, but not possible from the north). Building Height — Maximum building height in the South Downtown Subdistrict is 8 stories by right. Bonus height may be granted up to a maximum of 15 stories. The proposed 15 -story height could be achieved through bonuses for class A office space, the hotel space, and for leadership in energy and environmental design. Upper floor stepback — The proposed building meets this requirement along both street frontages. An outdoor terrace for the hotel lounge is proposed for the stepback area along Court Street. The stepback area along Linn Street is shown as outdoor terrace space for the residential units. Frontage Requirement: A retail storefront frontage is required along the Court Street frontage to ensure a pedestrian -friendly streetscape and an active connection between the building uses and the public sidewalk. To meet the storefront frontage requirement, the proposed building or a portion of the building would need to be placed closer to the public sidewalk (they have revised to meet the standard), have a greater amount of window coverage (Revised plans do not include a new elevation, so can't tell if standard is met. However, with the building close to the street it will be easier to meet the storefront frontage requirements and window coverage standard), and at least one building entrance on Court Street. As noted above, adjustments could be made to the current design to achieve these goals while making some accommodation for the sloping site. Along Linn Street a storefront frontage or flex frontage would be required for the mixed -uses proposed along this frontage. It appears that the current design can be designed to meet one or both of these allowed frontage types, since ground level commercial space is aligned close to the street, with multiple street -level pedestrian entrances proposed, and extensive window coverage. Facade Continuity: The proposed building maintains a nearly continuous fagade along both frontages, except some areas exceed the maximum setback, specifically the hotel drop-off and corner courtyard garden. Continuity standard is approximately 20' short of meeting the standard on Linn Street and is approximately 15' short of meeting the standard on Court Street. A minor adjustment may be warranted as these features are used as a means of addressing the sloping site. Although staff notes that the new CA Ventures design seems to be a better solution to address the slope and fully meet the continuity standard and places the retail space at the corner to meet the retail frontage requirement in the code). Parking Placement: The proposal meets the parking placement standards. Parking is provided in an integrated parking structure that includes below -grade parking as well as above -grade structured parking that is located behind fully -enclosed, occupied building space. In other words, there will be very little evidence along the street that there is a large parking garage integrated into the building. A minor adjustment can be granted to allow the garage entrance off Linn Street, which would be justified given the configuration and topography of the site. Open Space Requirement for Projects with Residential Use: The HUB is proposing 743 bedrooms, so a minimum of 7430 square feet of open space is required. The HUB proposes 14,525 square feet of outdoor open space. The outdoor amenitX space is located in two large rooftop patios (of approximately 7,000 square feet each) located on the 4` floor of the building. The two rooftop patios are connected by 4,000 square feet of shared indoor amenity space, including a fitness center, club room, and spa. These spaces have open views to the west. While outdoor space is not required for the hotel, the proposal includes a penthouse lounge, fitness center and spa with rooftop patio. The corner courtyard garden would also count toward shared, usable open space. Building Design Standards: It appears that the building as proposed can easily meet the building design standards in the code, including fagade articulation, building entries, windows, building materials, etc. (Note that the building has not been reviewed for these more detailed standards, but do not see any red flags with the proposed design). Uses: Proposed uses (hotel, office, retail, and residential) are all allowed. 366 apartments with 743 beds are proposed. Be advised that the unit mix illustrated on the floor plans does not match the revised unit count and mix in the text of the revised proposal. We asked for clarification on this point and the developer sent these revised numbers: 46 efficiency apts.; 47, 1 -bedroom apts.; 339, 2 - bedroom apts.; 104, 3 -bedroom apts. This mix of residential units complies with the standard in the code that limits the number of 3 -bedroom units to no more than 30% of the total. Parking spaces required: 452 structured parking spaces are proposed. 424 parking spaces are required for the residential units proposed, which leaves 28 parking spaces that can be used by the hotel or other uses. Zoning Analysis for "RISE at Riverfront Crossings" Executive Summary: (Substantial revisions were made by the developer. These changes have significantly improved compliance with the form -based zoning code. See below for details). Significant changes to the buildings and site plan will be necessary for the proposal to meet the form -based zoning standards for Riverfront Crossings. The project is designed as a pedestal building consisting of three stories of structured parking with two separate towers on top of this parking "pedestal". The west tower is 15 stories tall, which in addition to the 3 stories of parking, creates a building that exceeds the maximum 15 stories allowed even if the maximum bonus height is granted through the form -based code. The towers are elevated between 2 and 3 stories above Linn Street and approximately one story above Court Street at its intersection with Linn. The only location where one of the towers is at the same level as the public sidewalk is at the northwest corner of the site at Court Street. All the active building uses open onto an interior elevated linear courtyard that is located on top of the parking structure rather than facing and connecting with the public sidewalks as required by the form -based code. These inconsistencies with the letter and the intent of the Riverfront Crossings code were noted during the first review of the projects for the Linn/Court site. Finalists were advised to review the form - based code requirements and consult with staff if necessary and adjust their proposals accordingly before final submittal. Not much was changed from the original proposal to address the significant departures from the zoning standards that apply to this site. Since significant modifications would be necessary to comply with the zoning requirements, it is difficult to determine whether the numbers presented in the proposal are an accurate reflection of the project that would result if it were modified to comply with the zoning code. Building Placement: Significant changes to the building and site plan would be necessary for the proposal to meet the building placement standards in the code. The overall design of the site consists of a pedestal building with two separate towers that face and open onto an interior private courtyard rather than facing the public streets as required by the form -based code.(Tower footprints have changes significantly. Hotel/office/retail is in a tower that is close to and fronts on Court Street and has a retail storefront at the corner of Court and Linn.) For more detailed analysis see below: • Proposed west tower is setback further than the maximum allowed setback along Court Street. Measurements were not labeled in the proposal, however, the ground level floor of the west tower appears to be setback between 25-40 feet from the sidewalk along Court Street. If extended or shifted toward Court Street and the arcade frontage eliminated, it could be designed to meet the standard. The east tower appears to be set back at least 1 00'from Court Street and is elevated at least one story above Court Street at its intersection with Linn Street through use of a sloping corner greenspace/automobile court. The architect has chosen to place the active building floors at a level that matches the highest elevation of Court Street, which provides very little active building space along either Court Street or Linn Street due to the sloping nature of the site. This is most noticeable for the east tower where the active building levels are elevated 2 to 3 stories above the level of the sidewalk along Linn Street, with 2 to 3 levels of the parking garage exposed along most of the Linn Street frontage. East tower does not meet the setback requirements along Linn Street, because the lower levels of the building are structured parking, which is required to be setback at least 30' from the street -facing building fagade (see parking placement below). None of the primary building entrances of either building face or provide a direct connection to either Court Street or Linn Street. All primary pedestrian entrances appear to face the interior of the site at a level significantly elevated above the public sidewalk. The greenspace/auto court provided at the corner would not qualify as usable outdoor space according to the code due to the slope and because residents/visitors would have to walk across and along vehicular driveways to get to the main building entrances, which are located on the non -street sides of the towers more than 100 feet from Court Street and not accessible from the Linn Street sidewalk, which is located 2 to 3 stories below. (The corner greenspace has been eliminated and the building now addresses the corner with a storefront frontage. A east - west pedestrian plaza now separates the two towers, which makes for a more usable open space without the encroachment of automobiles). The designated retail space in the east tower is elevated and setback without any direct connection to either street. The lack of visibility and direct pedestrian access to this space makes it a questionable prospect for viable retail use. (Retail is now placed at the corner of Linn and Court in compliance with the form -based code, a location more viable for retail or restaurant space). Building Height — Maximum building height in the South Downtown Subdistrict is 8 stories by right. Bonus height may be granted up to a maximum of 15 stories. Building height is measured from average grade, so depending on where the point of average grade is along Linn Street, the building is 17-18 stories tall, which would exceed the maximum height allowed even with bonus height granted for the office, hotel, and for demonstrating leadership in energy and environmental design. (Towers have been lowered in height and appear to comply with the form -based code if maximum height bonus to 15 stories is granted). Upper floor stepback — The west tower meets the stepback requirement along its Court Street frontage. The east tower does not comply with the upper floor stepback requirement along the Linn Street frontage. (Re -designed towers now comply with the upper floor stepback requirement). Frontage Requirement: A retail storefront frontage is required along the Court Street frontage to ensure a pedestrian -friendly streetscape and an active connection between the building uses and the public sidewalk. To meet the storefront frontage requirement, the ground level floors of the building would need to be placed closer to the public sidewalk along Court Street with building entrances at grade and opening toward the street. The west tower does not meet the storefront frontage or urban flex frontage standards as it consists of exposed parking structure along the entirety of its frontage along Linn Street and is set back more than 100 feet from Court Street and elevated approximately 1 story above sidewalk level. (Elevations and perspective drawings do not show much of the Linn Street frontage. However, floor plans show that residential units will front on Linn Street and act as a liner building that hides the view of the parking structure located behind the units. There are a number of residential frontage types that might be allowed along the Linn Street frontage, so it should not be an issue forthis design to meet the code. Along Court Street, building appears to meet the storefront frontage requirement with the building located close to the street with generous window coverage and entrances that open directly to the public sidewalk.) Facade Continuity: Measurements were not illustrated in the submittal, but it appears that the proposal does not meet this standard along either street frontage. (Redesigned building appears to meet the fagade continuity standard along both frontages. This is a significant improvement as the new design is a better solution to address the slope while fully meeting the continuity standard and placing the retail space at a visible corner location that meets the letter and intent of the retail frontage requirement in the code. The pedestrian courtyard can be allowed as a midblock pedestrian passage that allows access through the block. While there are stairs on the eastern end of this mid -block passage there are a number of accessible routes to this plaza space from the west and the north in addition to elevator access from the east). Parking Placement: (Redesigned building now fully meets the parking placement standards with parking located behind active uses with two access points from the alley as required by the code.) The proposal does not meet the parking placement standards. Significant changes to the site and the building would be necessary to meet the code standards. Parking is provided in a parking structure that extends close to the front property line along Linn Street, which is not allowed in the Riverfront Crossings code. Above -grade structured parking must be setback a minimum of 30' from the primary street building facade and located behind active, enclosed building space. Due to this aspect of the proposal, it would be nearly impossible for the project to meet a number of the form -based code standards, which are predicated on active building uses aligned close to public sidewalks to create a pedestrian -friendly urban streetscape. In addition, the form -based code would not allow vehicular access to the towers through the proposed street -fronting circular driveway that extends from Court Street up to the top of the pedestal. The need for such a driveway is caused by a design that sets the primary building entrances and active building uses more than 100 feet from the primary street. Open Space Requirement for Projects with Residential Use: (Redesigned site now contains more usable open space both in the landscaped central courtyard and on the second floor outdoor amenity deck. Both of these spaces seem more usable than previous sloping corner greenspace and narrow linear courtyard). The development proposes 547 bedrooms, so a minimum of 5470 square feet of open space is required. The proposal states that 18,250 square feet of open space is provided within the setback area, corner public park, and private residential court. However, the corner greenspace would not qualify to meet the usable open space requirement due to its slope and the fact that it is separated from the buildings by driveways. The linear courtyard between the east and west towers could be counted toward the standard, but it should be noted that with its location on top of the parking structure and limited access to sunlight due to the narrow width of the space and the height of the buildings, it may be difficult for landscaping or trees to survive. The indoor amenity space for the residents is located in the west tower along this pedestrian corridor. There is also open space proposed on the far south side of the east tower that would have more access to sunlight so might be better suited to outdoor leisure activities or gathering space and would qualify to meet the standard in the code. While outdoor space is not required for the hotel, the proposal includes penthouse indoor amenity space and an outdoor patio with pool. Building Design Standards: It is difficult to tell from the submittal whether the proposed building would meet the fagade composition standards in the form -based code, although compliance would be difficult as currently designed. There are several code provisions that the proposal definitely does not meet due to the fact that the active building levels are elevated above both street frontages and there is several hundred linear feet of exposed garage wall. The proposal would not meet requirements for street -facing accessible entrances and limitations on blank, windowless facades. (Redesigned building is much improved and while details have not been reviewed, there are no longer any red flags. Entrances are now located along street frontages). Uses: Proposed uses (hotel, office, retail, and residential) are all allowed. 293 apartments with 547 bedrooms are proposed. There is a mix of unit types proposed and the number of 3 -bedroom units is 55, which is well within the maximum allowed. (Number of apts is now 320. Number of 3 -bedroom units has been decreased to 44. Bedroom count is now 557. Affordable housing units = 32). Parking spaces required: 322 structured parking spaces are proposed. A minimum of 301 parking spaces would be required for the residential uses proposed, which would leave the extra 21 spaces available for other uses. It should be noted that to comply with the form -based code that prohibits parking within 30 feet of Linn Street, the building will have to be significantly redesigned, so parking numbers in the proposal are not reliable. (Redesigned project now has 326 parking spaces. 300 would be required for the proposed residential, leaving 26 for other users). a n 1.0 ;�J,U n; Dm �mnmp= DD m m 1 m m + D=— C� n O m m m (r) d Ul U O EA EA A ff, O Ln Np m Vv' Ln K A — O > O C 9 OZ Dm =O m 4) �� . O O a m Z zs G7 D� O n m o' 0 Z EA D D 3 m m N can Z l0 tA Ui 00 N N A O O W W� p O O N V •• N O M .y (-n O O W O N NN Ut N 0) (DN 00 A "f1 T (n TI T OM v is IMM lbaft � i� if• i�F .«aq iA irp i� yM . wa i= i� a1BE ' � i'► ii":a ata i =� ws+ To: Mr. Jeff Davidson Economic Development Administration City of Iowa City, Iowa 410 E. Washington Street Iowa City, IA 52240 RE: COURT LINN RFP RESPONSE Dear Mr. Jeff Davidson: OANIPUS In addition to prior additions, modifications and clarifications Core Campus is pleased to offer the following modifications to the Court -Linn RFP response: The $1,000,000 affordable housing cash -in -lieu payment is eliminated. Core Campus will provide affordable units within the development. The developer will agree to rent 40 efficiency apartment units at rates equal to the Home Fair Market Rent for an efficiency unit. The current rate for these units is $588 per month. The details of the program will be agreed upon with the city of Iowa City on mutually agreeable terms. Core Campus has modified the building design to bring the Court Street facade to 8' of the property line. Attached are revised plans and Project Metrics. Please feel free to contact me with any further questions or concerns. With Best Regards, Tom Harrington, Jr. Core Campus LLC TomHOCoreCamp.us Cell: 217-369-00381 Fax: 217-352-5513 WWW.CORECAMP.US 1 2234 W NORTH AVE CHICAGO, IL 60647 1 773.227.2850 wa a�a N sw wm �D bi L 4-L flm� N Ice 133HiS � "Td ,05 L iHnoO 1SV3 bn 9b6 _ a >� o a . V ism— _— I 1332l1S NOISMdVH iSV3n _ O .z J J w Z a w LL a cn w Z Z Zi 0- •'- � M 7 U) I .......�. - (n U0 LL n I I LLI r K r �FI QII I W AS SLZL r -I r Asool -. of z1 O b w w UN O e p pLL F> IW Ice 133HiS � "Td ,05 L iHnoO 1SV3 0 bn _ a >� a V 0 l3A3l 133N1S iwdnoo a 01 .9c G 3�tlgaa319Wa 4 e . ...,. m TTflT � � T - J S A311v Ol / W U mLo z Q ' z o � y I Nry i; Q y N CD co n M sR a a N530 I W a U 1HONi ___LLLLLILLL � 8 LL LL 0 (p] 00 M as p 01. - OR AM1N3 O 3ovaa3iaooa O l3A3l 133N1S iwdnoo a 19b 4 G 4 1 J TTflT J n A311v Ol / W U mLo z o I Nry i; Q y CD co n sR a a W a U � 8 LL LL 0 00 U p 01. - OR AM1N3 l3A3l 133N1S iwdnoo a M ` LL T AM O M b ,£6 I m _ m m m h p 1 m m i a � K M ` LL T AM O M b ,£6 I _ h p K M ` LL T AM O M b ,£6 Pill I r M I c Zr8- r � i LL X6 Plill I 1A =- r i I n n p r M I c Zr8- r � i LL X6 Plill I 1A =- iM 0 LL OE w �n I i3 -, FQ I m _ - r S J- = J sa rc rc i= 00 s B LL Q M s r n .L8 I E cco m _ - r rc rc Cl) 00 LL Q M T CL I xti E6 I � m M K---� 00 Ed, M Mill ,£b 1 £6 �l 'Ev r n n LR u M r 1 M M � M 1 co l_ l Y I ,L8 _J rt I � I �� I 00 a I � m M K---� 00 Ed, M Mill ,£b 1 £6 �l 'Ev r n n LR u M r w: 0 M co I LL •a I � I �� w: 0 tt m, i T F tt K p f 1�6 I ❑yeI N� W:0 VENTURES " RISE at Riverfront Crossings --' Proposal for the ,I } Court Street /Linn Street r Poll I Redevelopment Site N (� MIXED-USE REDEVELOPMENT: M, HOTEL APARTMENTS OFFICE 1 TW. y RETAIL I, JJ Smith, Chief Operating Officer 312 994 1882 jjsmith@ca-ventures.com February 2015 1 ca-ventures.com City of Iowa City, Iowa 410 East Washington Street Iowa City, Iowa 52240 February 24, 2015 Mr. Jeff Davidson, CA Ventures would like to thank Iowa City and the City Council for allowing us to continue presenting our vision for the redevelopment of the Court & Linn property into RISE at Riverfront Crossings. Following city discussions, review of comments, and rigorous implementation of the Riverfront Crossings Form -Based Zoning Code, CA has reached a final proposal that is an evolution of the original design idea. The dual -building scheme and courtyard concepts have been maintained in conjunction with newly added "L-shaped" forms that now result in a break of open space providing facade relief to the neighboring context in the east/west direction. The 75% minimum street frontage is provided, allowing each component of the mixed-use Residential, Hotel, Office, and Retail program to have direct interface with the public right-of-way. All originally proposed unit, bed, parking, and square footage numbers for all uses have been maintained or slightly increased through the recent design adjustments. CA Ventures has taken the necessary steps to ensure RISE at Riverfront Crossings quickly can be successfully financed, constructed and operated. CA Ventures has a refined list of hotel flags and has received updated letters of interest from the following: Canopy by Hilton, AC Hotels by Marriott and Starwood Aloft. We have also narrowed our list of hotel operators to the Bricton Group, First Hospitality Group and Aimbridge Hospitality and have current letters of interest from all groups. This CA Ventures project is fully financed with three potential construction lenders vying to provide the construction loan, an institutional equity partner, Harrison Street Real Estate Capital, providing 85% ($30.5million) of the equity needed to complete the project, and CA Ventures investing the remaining 15% ($5.4 million) of the equity. We have done nearly 40 projects with this same financial structure in the past 7 years. Finally, we have received updated construction cost estimates for our project and feel extremely confident in our proposal from both a design and financial perspective. Below you will find a recap of our proposal highlights: - Maintained land purchase price of $6,500,000 - Inclusion of 10% affordable apartments that meet the goals of the Community Development and Affordable Housing Departments - East / West pedestrian corridor at south property line - Hotel/Office/Retail focused at primary corner and Court Street Frontage - Modified building setbacks and stepbacks have resulted in an architecturally -attractive design, with new open space opportunities While CA Ventures' primary focus has been in student housing, we do have extensive experience in all of the other proposed uses and have raised over $550 million in debt and equity outside of the student housing asset class. With this experience, CA Ventures is confident in being able to deliver a community that exceeds the expectations of the City and the community. We look forward to advancing toward a development agreement phase where we can collaboratively tailor a project that meet not only our needs but the objectives of the City, neighborhood, taxpayers and university. Together, we can create a catalyst for the Riverfront Crossings District for decades to come. Sincerely, JJ Smith Chief Operating Officer jismith@ca-ventures.com 312 994 1882 R 15 EAL �_ CA Ventures 1 161 N Clark I Suite 4900 1 Chicago, IL 60601 ,r+r_c 01 Executive Summary.........................................................................................4 02 Project Overview............................................................................................. 5 03 Project Data, Design Info & Plans....................................................................6 04 City's Economic Incentives............................................................................. 19 05 Potential Hotel Flags......................................................................................20 06 Potential Hotel Operators..............................................................................30 07 Financial Summary......................................................................................... 35 08 CA Ventures Overview...................................................................................37 R R E fl}VF A �� F AA4T Cl05SI X(S CA Ventures 1 161 N Clark I Suite 4900 1 Chicago, IL 60601 Page: 34.4 1 VENTURES CA Ventures (CA) continues to propose a mixed-use development consisting of a limited service hotel, apartments, office and retail. Known as RISE at Riverfront Crossings, the project consists of two buildings with substantial open area and green space. The 14 -story north tower will feature the hotel, office space and retail components. The 15 -story south tower will house the residences. This upscale design has extensive modern amenity spaces, high-end finishes, emphasis on energy efficiency and four floors of underground parking connecting both buildings. CA's full-service on-site staff will manage the apartments and we have received multiple letters of interest from major hotel franchises and operators, as indicated in this proposal. PROJECT 32 BENEFITS TO THE CITY: This project will have a significant benefit to Iowa City SUMMARY Office: in the amount of revenue generated through property tax, lodging tax and land Parking Spaces: 326 purchase price. CA estimates the project will generate $1.6 million in property tax Land Purchase Price: $6,500,000 and another $690,000 in lodging tax within the first year. Over the course of 15 Hotel Keys: 152 years, CA estimates a net tax exceeding $43 million of which $30 million would 15 Stories* *above avg. grade plane directly go to Iowa City and schools, respectively. Lastly, CA has not requested Apartments: 320 any public financial assistance while offering the highest purchase price, which is Beds: 557 maintained at $6.5 million. Affordable Units: 32 Retail: 6,325 RSF Office: 25,518 OSF Parking Spaces: 326 Average SF Per Unit: 760 North (Hotel) Tower: 14 Stories* South (Resid.) Tower: 15 Stories* *above avg. grade plane CA has maintained an affordable housing component in the proposal. 10% of the total units will be designated for households earning less the 80% of AMI and will adhere to Iowa City's affordable housing regulations. In addition to the affordable housing, RISE at Riverfront Crossings will feature a variety of sustainable features and seek to be rated LEED Silver or higher. CA has communicated with local consultants and city staff to ensure adherance to the Riverfront Crossings Form -Based Zoning Code, and looks forward to continue our collaboration on this development. CA will offer Iowa City the first opportunity to lease the office space fronting Court St. at a rate of $20.00 per square foot. Retail space now activates the primary property corner, boosting sales tax revenue while serving the nearby community. Based on CA's historic data, the City will immediately benefit from approximately 400 to 450 jobs needed for construction and an additional 70 jobs once the asset is stabilized. In addition, CA will choose to use a regional general contractor for the project. DEVELOPER CAPABILITY: Since its inception in 2004, CA has developed or acquired over 9.5 million square feet of real estate totaling $2.0 billion in investment value with another $2.5 billion currently in the pipeline. As a result of the company's success and growth, CA has fostered numerous financial relationships and has raised over $700 million in debt and equity. Since 2008, CA has developed 16,000 student beds and 256 hotel keys. CA continually delivers projects on-time, on -budget and fully integrated with their markets. This track record is a direct result of our insistence on creative design, competitive construction costs and an experienced leasing team. WW O R S E CA Ventures 1 161 N Clark I Suite 4900 1 Chicago, IL 60601 i Page:4 VENTURES Aba RISE AT RIVERFRONT CROSSINGS Land Size: 60,000 SF Residential: 248,515 SF Office: 25,518 OSF Hotel: 81,373 SF Retail: 6,325 RSF Common: 63,155 SF Parking: 133,860 SF Total SF: 558,746 SF Apartments: Bedrooms: Hotel Keys: Affordable Apartments: Parking Spaces: 320 557 152 32 (10% of total units) 326 Potential Hotel Flags: Hilton Canopy I Curio Marriott AC Hotels Starwood Aloft Land Cost: $6,500,000 Hard Cost: $78,892,907 Potential Hotel Operators: Soft Cost $17,192,619 Bricton Group Aimbridge Hospitality First Hospitality Group Total Cost: $102,585,526 Partner Information: Unit Mix: Architect: Hartshorne Plunkard Architecture Bedroom: 127 apartments Developer: CA Ventures 2 -Bedroom: 149 apartments General Contractor: Regional GC 3 -Bedroom: 44 apartments Property Manager: CA Ventures Equity Provider: Harrison Street Real Estate Capital Potential Lenders: Fifth Third I Private Bank I RBS Amenities: Fitness Center Rooftop Pool Project Schedule: Modern Cardio Equipment Yoga Entitlements Complete: Q2 2015 Landscaped Courtyard Sun Deck Permits Complete: Q3 2015 Club Room Coffee Bar Construction Starts: Q3 2015 Private & Group Study Lounges Wi-Fi Construction Completion: Q3 2017 S R i 5 E CA Ventures 1 161 N Clark I Suite 4900 1 Chicago, IL 60601 _ Page: 5 VENTURES CA has designed a project that will be sustainable and target a LEED Silver rating or higher. Below is list of sustainable features that will be pursued at RISE at Riverfront Crossings: • Site Planning for Maximum Energy Efficiency • Lowi Paints • High Efficiency Mechanicals • Bicycle and Scooter Parking • Low -E Glazing • Electric Car Charging Stations • Recyclable Materials • Rainwater Harvesting for Landscape • Energy Star Appliances • Sustainable Material Selections • Low -Flow Fixtures • Reclaimed & Repurposed Finish Material • Lot Coverage less than 50% Based on the below scorecard, RISE at Riverfront Crossings currently anticipates LEED Silver rating with 54 points. RISE at Riverfront Crossings has the potential to achieve a higher certification level if other criteria becomes available. A draft LEED scorecard is shown below: LEED v4 for BD+Q New construction and Major Renovation Project Checklist Y ! N Fundamental command g tlVerification R q ired �b. n lntegmXve P,aceee 1 14 i 1 1 Location and Transp4tte6on 16 go n LE ED Iu r Nelghtal atl Development L—t... - 1 c u 6ensnlve Land PmlecFMn I 2 n Hip FioMY Site 2 9 Oe6I 5 MI H Rai antl Diverse Uses 5 5 Renewable Energy Production Ac t Oalb Transit 5 1 1 Ra F Fo 1 1 fl n sired Reduced Parking Footprint 1 1 r Green VeM1ldes 1 71 1 2 still SIEi— _ 10 Y I IimI llan Ae[vIb bn PoIIWPmmnfon Required 1 Cards Thentual Counfort Sde A nt 1 2 0 SXe D anent Protect or Restore Habibt 2 I _ SW 1 3 Accepts Performance Z0 R -pausta, Management 3 2now, Rest IsldReduction 2 1 Lent Pollution Reesman 1 3 B 0 Water Efgeimcy Y las, Ouldogr Water Use Reduction Resulted iyi I lai I nGwr Water Use Reduction Required ter Metering Indoorater Requiretl re nuttlaa Water Use Reduction 2 Use Re Indoor Water Use terEuse 6 21 V-'. n ewllnH Tozer Water Use 2 Water Metering 1 resort Fundamental command g tlVerification R q ired Reryasteles antl Land Minimum Energy Performance Requiretl amp Building Usual Snarl Metering Rall wrom Fundamental Refrigerant Management RequiaA 9"ItingP 1uR Dsessum and OptimizationEnvironmental Product EnhanmCCammlewi nine 6 ca:r r 0pfimd. Energy Performance is r AdnMed Eal Metering 1 Oe6I Demantl Ra3PaNe 2 two Renewable Energy Production 3 swid, EaM1enced Refrigerant Management 1 o Green Pwrcr and Date. Starts 2 O R I S E or '11, ...n a, Ie0i S14f.S Project Name: RISE at Rkwhwt coatings Date: 1/162015 85011ilatiori and R•tggignign . 13 Y ria.ing Reryasteles antl Land Regnir,t Y DeMol Cunshutlion antl OemWlXon Waste Management Planning constru RequireE somu Building LXscycle lmryct Reduction 5 4 9"ItingP 1uR Dsessum and OptimizationEnvironmental Product RH IP bSpecfc credit 2 D reti; ons 2 2 OI ti; 1uct Ds<Iosurtantl OPt mvM an Bouncing of flaw Materials 2 Z Surfing Poorest Saclrsure and OPtmvton Mateial Ingredients 2 _ car, construction and Dema11f1an Write Replanted 2 12 0 Initnar FJnllpin- QWro 16 T M'murn tl A credit, Performance R. Iretl T E-ommulawl Totatic, Eri control fl n sired $ r b Stegies Ems mosttl A' D It tra 2 lncm It g M t 3 1 ^ ComuctIn. Air 0Illy Management Plan 1 2'loas Indoor Air Oalb Assessment 2 1 Cards Thentual Counfort 1 2 oaaat Interior C[ntin[ 3 n Daylight I _ Quality Wows t cpm, Accepts Performance 1 4 2 0 Inagivill 6 3:S�cadll lmoul_5 1 LEED Accredited P hzzional I 12 2 0 Rcffte1nl lart•riy _. .. _. __.. 4 1 RH IP bSpecfc credit I 1 R6 aIP rySpe YC Doing,1 1 Ra o ry Steel(i 1 _ Rwell Pri Boosted0i 24 g k CMXIe2 40 to 09 points, Silwc 50 [0 59 points, Gal 60 to 79 points. Platinum: 90 to 110 CA Ventures 1 161 N Clark I Suite 4900 1 Chicago, IL 60601 Page: 6 VENTURES mw, ee1104ICI IelJlexuunb' lite PlVPVa0l aJ JIlllvvn, vl Illdihlllg UCZ,H ll aujlAUllenlJ. OR` eIs 5 E CA Ventures 1 161 N Clark I Suite 4900 1 Chicago, IL 60601 Page: 7 VA VENTURES sane South Downtown Subdistrict _ U. Mixed -Use Multifamily apartments, Affordable Housing, Residents! Student Apartments, Office, Hotel, Retail ei4e area 60,000 Sf (1.38 ac) — PaMirry resklermal 326 spaces proposed Loading 0.5 spaces per 1 BR All access from public alley side, dedicated access at 1.0 spaces per 2BR south (lower) garage entry, privately screened from 2.0 spaces per 3BR public parking within garage space. 301 total spares Loading: Confirmed with Bob Miklo (Sr. Planner) that raga no residential loading rgml. exists. Location of commercial loading is suitable for shared usage by residential. oi5n /hotel l stag NIA In SO subdistrict Not required, however excess parking provided for hotel/office/retail use. Dedicated access at north (upper) garage. Loading: Per Bob Miklo, loading count per code is intended for big -box retailers (or sim.). A reasonable accommodation for the hotel/office/retail use is preferred. Location as shown will include (2) 12x25 loading berths. HC spaces reakbrdal 8 8 coma encid 2 2 setbacks) hoot 2' (min); 8' (max.) 8' Primary (Court St.) stepbaclls Primary & Secondary; 2' Secondary (Unn St.) 70' fagsde stepback 10' fa{.ade stepback shove 5°' Door Add'l elective stapback at upper floors as primary facade suggested by height bonus. 75% facade continuity provided per code. Equal architectural quality provided at both street frontages. Primary and secondary fill bay dimensions are maintained to create facade rhythm and define dedicated entrylaccess points. Residential facades at Linn St. grade level exceed minimum rqmts. for "Urban Flex" frontage, Open space at Linn qualities as "Forecourt" per RC Form -Based code per location and site, max. 1.5x7.0 dimensional proportion. Optional fence/gates illustrated on Civil clans. to be included at discretion of city staff. side 10, 10% Harrison St. pedestrian connector added ta provide through -block access 5'(g alley T provided bulldog height CA intends to pursue the max. 15 2stores (min.) story height achievable via bonuses in the South Downtown 6 stories (max.) North building: 14 stories above Avg. Grade Plane. Subdistrict. This will include, but 15 stories (max. ed 13 stories (736') above adjacent grade. Stapback at not be limited to Level I a II section 14 -2G -7G 36' above adjacent grade. Design Review and will request provisions) all applicable bonuses within section 1420.16, for: South building: 75 stories above average grade - cuts A Office span (+2) See talc. to left; plana. 16 stories above adjacent grade. Stapback at -Public Art@Hotel court (+I) CA would request 5 stories a bove adjacent y rade. codification (+2) (+7) of the potential " udant Haualne(+3) 10+L add'I story Volsilver � (+1) allowances to ' All height/stepback criteria verified w/ Karen 76Arrordabie Housing (+1) achieve max. height Howard,Zoning/Development Services of 16 stories. comma 10SF per bedroom 8,500 SF of COMMON open space at forecourt open apace for Mixed-use Resid. 10,000 SF of RESIDENTIAL open space at 2ne story, Projects private amenity deck. 557 beds X 10 SF = 6,760 SF of HOTEL open space at rooftop. 6,570 SF Req'd 1,760 SF of OFFICE open space at stepback. OR` eIs 5 E CA Ventures 1 161 N Clark I Suite 4900 1 Chicago, IL 60601 Page: 7 VA VENTURES L! F. RISE at Riverfront Crossings will be compliant with the following applicable building codes: • 2009 International Building/ Residential Code, as amended • 2009 International Mechanical Code • 2009 Uniform Plumbing Code, as amended • 2012 International Fire Code • 2009 International Fuel Gas Code • 2011 National Electrical Code, as amended Furthermore, CA Ventures prides itself on compliance with accessibility and fair housing standards. The following guide- lines will be followed for RISE at Riverfront Crossings: • Iowa Code Rules 661-302.1 through 302.11 (103A, 104A)(based on ADAAG) • Fair Housing Accessibility Guidelines (FHA/HUD) • ANSI A117.1 2012 PROGRAM SUMMARY PROGRAM SUMMARY IPARKING,. ULATIONS ICZO Sect. 14 -SA -4: Lot Area = 60,000 SF (1.38 ac.) 558,746 Gross Sq. Ft. Minimum Parking Requirements RESIDENTIAL ' 248,515 Net Sq. Ft. ` 127 IE R/16A Units 0.5 Spaces per 1BR Unit X 127 Units = 64 Spaces N 149 2BR/28A Liniis 1.0 Spaces per 2 BR Unit x 149 Units = 149 Spaces 44 3BR/2BA Units 2.0 Spaces per 3BR Unit x 44 Units = 88 Spaces 320 Wait. - 301 Residential Parking Spaces Required MJA(326 Spaces providedd) HOTEL HOTEL PARKING 81,373 Net Sq. Ft. Not Req'd in RC District 19 Keys (Rooms) X S Flrs. OFFICE PARKING Not Req'd in RC District RETAIL PARKING Not Req'd in RC District PARKING REQUIREMENTS Level P-01 95 Spaces 37,325 Level P-02 95 Spaces 37,325 Level P-03 93 Spaces 37,325 Level 1 43 Spaces 21,885 T arkine Provided 301 Required Parking Spaces (Compliant) R I S E R F. CA Ventures ( 161 N Clark I Suite 4900 1 Chicago, IL 60601 Page: 8 VENTURES RENDERING GROUND LEVEL PERSPECTIVE LOOKING SOUTHWEST Following city discussions, review of comments, and rigorous implementation of the Riverfront Crossings Form -Based Zoning Code, CA has reached a final proposal that is an evolution of the original design idea. The dual -building scheme and courtyard concepts have been maintained in conjunction with newly added "L-shaped" forms that now result in a break of open space providing facade relief to the neighboring context in the east/west direction. The 75% minimum street frontage is provided, allowing each component of the mixed-use Residential, Hotel, Office, and Retail program to have direct interface with the public right-of-way, while concealing all off-street parking and loading access at the public alley. All originally proposed unit, bed, parking, and square footage numbers for all uses have been maintained or slightly increased through the recent design adjustments. O R I df S E CA Ventures 1 161 N Clark I Suite 4900 1 Chicago, IL 60601 R ° °°' ° " °{ T SSPage: 9 VENTURES IAO Inf RENDERING AERIAL VIEW LOOKING WEST The site configuration makes for an efficient hierarchy and distribution of public/private program uses. To the north, the smaller, shorter hotel/office/retail building places contiguous public program along 100% of the Court St. frontage. CA has worked intensively with the design team to establish grading conditions which optimize the building appearance and function along the right-of-way, eliminating the need for unsafe and unsightly recessed plaza spaces along the sl' perimeter. The natural street grade declines from the NW corner along both primary streets to the SE corner, allowing separate access points for the various site uses to establish their own entry locations and character. ORIS E CA Ventures 1 161 N Clark I Suite 4900 1 Chicago, IL 60601 Page: 10 1 VENTURES •• SITE PLAN PARKING LEVEL P-03 m w• w' ne en• E._ E. w• w• w' nr —? _ — _ _ _ wuurxr mwoxunr w„a r]n„r „nal Lnnr �ems _ W!L muw 1W.n'P.LV IFO6TeL • �• Yk �.._..-..-.._..-..I _ _ _ _ _ _ _ _ _ w R)W NIIPY ,.- ROOF TERRACE _ _ wKrarartn 1 < HOTEL11110 I .4 II I I "I� 2 PLAZA 03 GARAGE Ii w' PU\COGRTYARO Ca[U%ee 1 xesmexnaL 1 b I OxLGF I s 1 RESIDENTIAL LEI_ -- ENTRY _ I I �♦1 s I GARAGE ENTRY w 2- SE ACK I OO ! 10'3ETNACK , I RE¢IOENTIA p • AMENITY CE R 1 • 6 CK 1 E. IM • � I,.E I _ _ _ _ • E' !I nWPuv eGw rovn ei GARAGE • ENTflY ' i�4LlL-0 _ w' 1I • R �� •� 1H78'Pl 1978'TPA F I _— • _. F7 • • • O R I S E CA Ventures I 161 N Clark Suite 4900 1 Chicago, IL 60601 • Page: 1 1 VENTURES eee PARKING LEVEL P-02 so PARKING LEVEL P-01 I eu• eeo• m _ E. eeomo mr 6 uduevno : e'i = e[ale[nlm� -' RETAIL F1 4 I N L� 1ZA 02 GARAGE III eer IMAZA 01 GARAGE _ - II C •' SF ` ye 9f A IU M 1 � e � I er• —TnnRfl -::q E mvve�� IDBS s! I erose vs O R I S E CA Ventures 1 161 N Clark I Suite 4900 1 Chicago, IL 60601 0 x` Page: 12 VENTURES vvsae vaxr g fP055I ML5 Z-1 FIRST FLOOR PLAN SECOND FLOOR PLAN I I I I I xmEl Emnv mYR16x Exwr Rnnsxlnr urn Lrt9r = XOI0. OIxPOf[ - I6L5]'P.L. iNf ] IW.6)'RL • • •� � - � f � REiYlnllO I I tI HOTEL COMMOP RETAIL r ¶ OFFICE INCUBATOR — ' LOBBY ENTRY I Of FIC d IuVI - - LOBBY'- - I HOTEL - �_� h I µ• �'�-� �w' BAR I REST.I, LANGscAPEG Ili E' mwriuuo I�I ;III �CGGRTYARO A6 RES. 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Ili ' • • SR fJ E CA Ventures 161 N Clark Suite 4900 Chicago, IL 60601 Page: 13VENTURES 3RD -4TH FLOOR PLAN _eeB_ TYPICAL HOTEURESIDENTIAL t FLOOR PLAN ` I - P— Bn' _rR r IR5)'P� L �_top eep' OFF ROAI OI IRWIN MEN OfRNYdMOM RAmII LBRVY diRORld moan. uxc mIG wrlG IFNI-- nxJ m wls F yl y iF RIOIIB m I$ RLOI II IOJLN IryL ` 1/! 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TIT X1111 '$ IL UI NEED Me Y. 1N1 ' 1] ! x UXIN 1[965, F1ET SO1BF0 TBFB IPSO IWS OE 5154' 5150E NEFF .A j �T �.. 150.]B'PL 04 J i 1 00 000J O R I $ E CA Ventures 1 161 N Clark I Suite 4900 1 Chicago, IL 60601 sr P EEVOF E F P o E I Page: 15 AA�VENTURES PROGRAMMATIC SECTION DIAGRAMS RESIDENTIAL HOTEL/OFFICE BUILDING BUILDING 153'-0 .136'0- _____ 19hFLR. ._ _ _ I`P— 1' HOTEL ROOFAMENITY 131h FUR_ Il P HOTEL BEYaw HOTEL HOTEL HOTEL gawk HOTEL RESIDENTIAL r NOLFL REGIMENTAL � HOTEL RESIDENTIALLB HOTEL RESIDENTIAL HOTEL BEYOND XOTEI flESIOENT14 OFC INCUBATOR BEYOND OFFICE INCUBATOR .3A' -0 -ABOVE AVE. _ aruw - _ _ _ OFC INCUBATOR BEYOND OFFICE INCUBATOR GRADE PUKE RESIDENTIAL RESIDENTIAL OFC INCUBATOfl BEYOND OFFICE INCUBATOR N AVL ua� RESIDENTIAL RES LOBBY LANDSCAPED PLAZA RETAIL ne'AVA AxapF VFra+o wNuxu a._ RESIDENTIAL I PARKING P 01 _ _WFUR RESIDENTIAL IPARKING P03 - _ PESIOENfIALIPARKINGP.03 _ _ _ At ---------------- NORTH/SOUTH ------'NORTH/SOUTH SECTION LOOKING WEST HOTEL Y REYONO HOTEL MIA FLR. HOTEL _ HOTEL HOTEL HOTEL HOTEL HOTEL HOTEL HOTEL ` .34'0- ABOVE AVE. OFFICE INCUBATOR GRAOEPLANE OFFICEINCUBATOR OFFICE IN CUBA TOR RETAIL 4 WILL 'LOBBY HOTELLOBBY' .1 4341 P�0I PARKING P 02 PARKING P-03 PARKING ` EAST/WEST SECTION LOOKING SOUTH O RIS E CA Ventures 1 161 N Clark ( Suite 4900 Chicago, IL 60601 1A051I N1. Page: 16 VENTURES CIVIL SITE PLAN - ACCESSIBILITY, ZONING, & ACCESS LAYOUT VICINITY MAP CONCEPTUAL SITE PLAN �ySCALE 1•.,D NOT TO SCALE SITE PLAN KEYNOTES OIRGPINLY UNEeO ACCESS .-INS OHOTELeO RALBMN CREEK ONOTE, POOL O A..E1AROACCEBa OLANO%AFEOCWRTVARO O REONNNOWALLANDRANP ORESI13EH11AIEL.ISI. O GARAOEPARKINO ACCE.S ORENDENMLANENTE9OECK O STRETICREENEENCES lO AWBIOEAA1EIEE...NO O LOAOMGARE[ SITE INFORMATION 81TEAOSflESlTM SETEAC ES. u LINNBTREET EAI 3 FEET, IG FEETABOYE LEVEL! EYNTiNGZONING: PUBLIC '80010 10 FEEEi T. OFEETABOVE LEVEL! LOTSE`E NEST:I III .'-. EALLENEMB'. NONE EABTMEeT.CITNN FT TOTALSUIIDINGVENICVURPA IING LEGEND N,DNDED-� ExISTNGFEATURES lroRM aENEn eA.Rl..A — — — — — — — NAOR CONTOURS " MXJR.,AS PROPTY LIKE ICTRAFFIC DIRECTION ELECTRIC UTILITY UNMRQROUNDNAGIIs ^ —. —y— STE. NLe WETGGAL ,,.....� 1.38 LONCEPTUAL LAYOUT PIAN hbk SN6INSS I NGINEEPINING.LLC E.GIIIA 5 S N aI . P.—M1133LT81T IAC 13391 SELE., $TVOFJ�T 3 uvv Si.,SYTISA0 OlICAS., IL.1 PHONE NO. (112) N44LB7A MARNNOR� ARCNRELTVRE NORTH URPENTER ST. CHICAGO, IL POFD] P O.OM iE6<a9a TC BL LETERIVINED CONCEPTUAL MILAN . CA has coordinated with HBK Engineering's Iowa City office to assist with planning around specific site criteria. Given the severe site topography, HBK has developed a grading and access strategy that provides universal access for those with accessible needs both within the site and the surrounding public right-of-way. HBK has also consulted with city staff to verify zoning requirements . pertaining to the location and quantities of off-street parking and loading requirements. The hotel/office component includes . curbside dropoff at Court St., and dedicated parking/loading access via the public alley. O R 15 E CA Ventures 1 161 N Clark I Suite 4900 1 Chicago, IL 60601 Page: 17 VVENTURES (YO[SINCa CIVIL CONTEXT MAP - FLOOD PLAIN REVIEW MAP SCALE V • 1000' S00 0 1000 2000 F DARK GRAY AREA 1 k ANNUAL CHANCE FLOOD (100 -YR FLOOD EVENT) 100 -YR EL. NEAR BLDG = 654.00 LIGHT GRAY AREA 0.2% ANNUAL CHANCE FLOOD (500 -YR FLOOD EVENT) V n,5xel uuF FIRM FLOOD NSURANCE RATE YIAP ® JOHNSON COUNTY, IOWA ANUwCORP MDARF.fB PANEL195OF450 tFEe w,v .eo, nw nw vua urwm ,mm uu mrt,w ®i WNUhER 19MNA1w FESMIARY 142101 FppY Gvgmq Mn�nFnmml Agmq ., hbk ENGINEERING HBK has also performed a Flood Plain analysis, and has identified that the SE corner of the site appears to encroach into the 500 - yr flood event zone. A professional surveyor will need to confirm the extents of this zone, however the design team has planned the finish floor elevations of the lowest level in accordance with the code guidelines below: Residential Buildings: All new or substantially improved residential structures must have the lowest floor of the original structure and any lateral addition elevated a minimum of one foot (1') above the flood hazard elevation. Where existing topography, streetgrades, or other factors preclude elevating by fill, alternate methods of elevating, such as piers, may be allowed, subject to approval by the building official. In such a case, a licensed professional shall certify that the methods used will be adequate to support the structure as well as withstand the various forces and hazards associated with flooding. Nonresidential Buildings: All new or substantially improved nonresidential buildings must have the lowest floor of the original structure and any lateral addition elevated a minimum of one foot (1) above the flood hazard elevation or, together with attendant utility and sanitary systems, be floodproofed to such a level. When floodproofing is utilized, a professional engineer registered in the state shall certify that the floodproofing methods used are adequate to withstand the flood depths, pressures, velocities, impact and uplift forces and other factors associated with the flood hazard, and that the structure below the flood hazard elevation is watertight with walls substantially impermeable to the passage of water. Such certification must also indicate the specific elevation, in relation to national geodetic vertical datum, to which any structures are floodproofed. A record of this certification will be retained in the office of the building official. ORIr. ofS E CA Ventures 1 161 N Clark I Suite 4900 1 Chicago, IL 60601 A 1 ° F , s' F ',w 9 °<< x ' Page: 18 VENTURES RISE at Riverfront Crossings will have a significant economic impact on Iowa City through the increased purchase price, property tax, lodging tax and job creation. Below is a summary of the estimated taxes that RISE at Riverfront Crossings will generate: Tax Analysis Portion to City to _ ls Est. Residential Assessed Value - :.. Est. Residential Property Tax $419,048 2 •.. Est. Commercial Assessed Value - •: Est. Commercial Property Tax $285,399 7 Total Est. Property Tax $704,447 9 : r Est. Lodging Tax Est. Sales Tax (From Food & Beverage) $403,894 j$2347 •• Total Est. Tax (Per Year) $1,108,341 9Total GAP/Assistance Requested None Total Est. Tax (15 Years) $20,613,939 946Less: GAP/Assistance Net Tax Over 15 Years $20,613,939 946 Net Tax Over 15 Years w/ Purchase Price: $27,113,939 CA has maintained the land purchase price at $6.5 million. If selected, CA will put a $250,000 deposit down while nego- tiating the fine points of the agreement. When combining this purchase price with the net tax over 15 years, Iowa City is estimated to directly receive over $26 million. This project's economic impact extends beyond revenue generation by also providing job creation and affordable housing units. With an estimated construction cost of $78,892,907, RISE at Riverfront Crossings is expected to generate between 400 to 450 construction jobs over the course of 20 months. Upon completion, the project will create approximately 70 permanent jobs while accommodating 100 permanent jobs within the 25,000 square feet of office space. The design also includes 32 rentable affordable apartments (10% of total units) that will be designated to households earning less than 80% of the area's median income. All 32 of the affordable apartments will be one bedroom units. ORI S E fl1YFA GY11Mi IPII1 S1NF.i CA Ventures 1 161 N Clark I Suite 4900 1 Chicago, IL 60601 Page: 19 VENTURES Since the first submittal, CA Ventures has been in constant contact with Hilton Worldwide, who has continually expressed interest in the RISE at Riverfront Crossings project. While CA initially thought Hilton would choose the Garden Inn brand, our due diligence has found a Garden Inn already in the pipeline for the Iowa City market. In response, Hilton has ex- pressed interest in using either Canopy or Curio brands for this project. Please see the below 101: OR r . F . ONT E R Rt VEi R rap<<r.1,5 F7 HILTON WORLDWIDE January 13, 2015 John Diedrich VP of Investments CA Ventures jdiedrich@ca-ventures.com Re: Iowa City, IA Dear John, 5uaan & .. Hlkon Wor l M Sr. Dkutm, D., kW n[ 755 (lower lane PPHP -, Ptft Hanphk, Tl 30117 USA ((D, M 0, MO, MN, HE, PH: 901-374-5950 ND, SD) f%901-379-6300 .h rranphlft o.mm VIA E-MAIL It was good talking to you about your downtown Iowa City project, it sounds like a great opportunity. As we discussed, the Canopy and Curio brands are both available for that market and I think your location would be a good one for either brand. I will try to get up to the area to look at the site as soon as possible; perhaps we can meet at that time and discuss the project in further detail. Please keep in mind, it is the policy and practice of the company to enter into license agreements for specific locations only after formal application for the franchise has been received, processed and duly considered by our Development Committee. If you have not been to our website to review brand information please be sure to do so. The address is: www.hiltonworldwide.com. If you have any questions concerning any aspect of our franchising procedure, please feel free to call me at 901-3745958. Again, thank you for your interest in Hilton Worldwide. SinGcerelyy,,-- C� Susan Bachman Sr. Director - Development Northwest Region CA Ventures 1 161 N Clark I Suite 4900 1 Chicago, IL 60601 Page: 20 VENTURES CQ RE�� What we're all about 9Y ."'°. Canopy by Hilton is the energizing, new hotel in the neighborhood offering simple, guest -directed service, thoughtful local choices, and surprisingly comfortable spaces, so guests simply feel better going forward. Each property is designed as a natural extension of its neighborhood, with local design, food & drink, and culture. OUR NEIGHBORHOODS Canopy by Hilton will develop through new -build and conversion projects in key urban neighborhoods and vibrant secondary markets around the globe with properties expected to begin opening in 2015. Canopy by Hilton currently has 11 signed letters of intent to open in the following neighborhoods: • Canopy Portland I Pearl District • Canopy London I Neighborhood to be announced • Canopy Miami I Brickell • Canopy Washington, D.C. I Bethesda North • Canopy San Diego I Gaslamp Quarter • Canopy Nashville I Downtown • Canopy Savannah I Historic District • Canopy Indianapolis I City Centre • Canopy Charlotte I Uptown • Canopy Oklahoma City I Bricktown • Canopy Ithaca I The Commons OUR CULTURE Canopy by Hilton's culture is defined by who we are and how we interact with each other, our guests, our partners, and our neighbors. Our culture, "Positively yours," is much more than a slogan. Its our underlying attitude, the story of who we are and how we approach everything. Why we are here: So you simply feel better going forward. New and different. Ahead and active. These "fresh - forward" qualities describe our commitment to guests, partners, neighbors, and enthusiasts. What we do: Create a positive stay. We focus on the simple details that make a different, always a step beyond the expected. Every detail hasjust the right feeling: caring, energizing, positive. How we do it: Simple. Personal. Positive. Local. Keep things simple and focused on the personal. Look at every situation from the bright side. Take pride in our neighborhood and gladly share what it has to offer. canopybyhilton.com i news.canopybyhilton.com John Walls I Director, Brand PR i +1703 883 5232 1 john.walls@hilton.com R I S E CA Ventures 1 161 N Clark I Suite 4900 1 Chicago, IL 60601 `.'I .I I Page: 21 VENTURES COROP", What we're all about CANOPY EXPERIENCE Creating a "Positive Stay" is our Brand promise. To bring the promise of a positive stay to Life, we focus on five essential aspects of the total guest experience: • Energizing, comfortable experience. Open, welcoming Lobby I Friendly, facilitating staff providing guest -directed service I Casual F&B with healthful choices I "Positively Yours" service culture. • More included value. Rise & Dine complimentary breakfast delivered to room or to go 1 Included fresh, artisanal breakfast in the cafe I Free basic W i-Fi. • Suprising Extras. Welcome gift from the neighborhood I Thoughtfully themed, FOOD & BEVERAGE • Canopy Breakfast. A signature complimentary concept to start your day. Every morning in the cafe, guests will enjoy an artisanal breakfast featuring fresh, local ingredients. For those on the go, a Canopy Rise & Dine breakfast offers Local tastes delivered to the guest rooms. • Caff all day. A made-to-order and ready - to -serve menu for both takeout and table delivery and a bar providing refreshing juices, wine, craft beers, and signature cocktails. reasonably priced foodie bags I Evening tastings featuring Local offerings. The just -right room. Great bed and ideal sleep environment I Open shelves and hangers provide uncloseted ease Filtered Water. Local know-how. Locally inspired design Local art and music programs Neighborhood fitness options, including bikes and jogging routes I Guides to the locate Evening Fun. Each evening, the Lobby bar will host a complimentary tasting of Local craft beers, wines, or spirits. The caff bar takes center stage for serving small bites and enticing beverages. Guests canjoin the hum or slip into a quiet corner to let the night unfold. Foodie Bags. Guests may also choose one of several thoughtfully themed and priced foodie bags for their in -room minibar, each selected at check-in. HILTON WORLDWIDE Canopy by Hilton is the Lifestyle brand of Hilton Worldwide, a leading global hospitality company. For 95 years, Hilton Worldwide has been dedicated to continuing its tradition of providing exceptional guest experiences. The company's portfolio of 12 world -c Lass global brands is comprised of more than 4,200 managed, franchised, owned and Leased hotels and timeshare properties, with more than 690,000 rooms in 93 countries and territories. HILTON HHONORS At Canopy by Hilton, Loyalty is rewarded. As a member of Hilton HHonors, our award-winning Loyalty program, guests can earn exclusive benefits and Points towards free nights, premium merchandise, unforgettable experiences and more. HHonors Diamond and Gold members also receive extra HHonors Bonus Points and space-avaiLable room upgrades on qualifying stays. canopybyhilton.com I news.canopybyhilton.com John Walls I Director, Brand PR 1 +1703 883 5232 1 john.walls@hilton.com R 1 5 E CA Ventures J 161 N Clark I Suite 4900 1 Chicago, IL 60601 lFll141Yf.5 Page: 22 VENTURES 00 00 00 00 00 00 00 00 00 00 go 4D CURIO A COLLECTION BY HILTON" Take a journey of discovery Individuality. It's what unifies the hotels in the Curio Collection. These hotels exude authenticity. They capture you. Each with a distinct character and personality that you can't duplicate. Curio is a collection of diverse properties that have been hand-picked for their character and uniqueness. Created for those who want to step out of the day-to-day and make new discoveries, these hotels come with their own stories and rewards for the curious. This is Curio — A Collection by Hilton From downtown landmarks to out-of-the-way local gems, each Curio hotel is hand-picked for its distinctive charac- ter. Each one part of the fabric of the city it calls home. With Curio, you'll discover unique, independent hotels while still enjoying the same benefits offered to all Hilton guests — including access to Hilton HHonors, the world's leading hotel loyalty program. So whether you're seeking the excitement of the Las Vegas strip, or the beaches of south Florida, Curio has a place to reward your curiosity. 0 R CA Ventures 1 161 N Clark I Suite 4900 1 Chicago, IL 60601 "' ` ` Page: 23 VENTURES As a result of the Hilton Garden Inn being unavailable, CA Ventures has been in recent contact with Marriott. This interna- tional corporation has also expressed interest in the RISE at Riverfront Crossings project. Marriott has chosen to elect AC Hotel as the available brand. Please see the below LOI: It ,�a1Tl0�j. Marriott InternatDevelopment Inc. Bethesda, da,MID d Road ■■ll ■■ll Lodging Development Bethesda, MD 20617 January 13, 2015 Mr. John Diedrich CA Ventures 161 N Clark Street, Suite 4900 Chicago, IL 60601 Dear Mr. Diedrich: Marriott International is pleased to advise you of its support of the project you're pursuing at the intersection of Court and Linn in downtown Iowa City, IA. Having analyzed the location, market, and regional growth, we believe this to be a great opportunity for an upscale Marriott brand and more specifically, support our AC Hotel line for this project. As you are aware, the AC Hotel brand is our European brand that was conceived in Spain with a distribution of over 80 hotels internationally and currently maintains a growing pipeline that covers most major urban locations in the United States. I believe that the modern contemporary European style of this brand will provide a great compliment to your overall project as well as the City and academic setting. We are excited about this project and are happy to support you with design review and brand programming as you refine the concept Please keep me posted on your progress and don't hesitate to call or e-mail with questions as you work through the process. Sincerely, Lee Janezic Director of Development cc: Paula Mahrenholz Tom Onken O R ( 5 E CA Ventures 1 161 N Clark I Suite 4900 1 Chicago, IL 60601 r,a Page: 24 _' VENTURES rnosstu 5. POTENTIAL HOTEL FLAGS T _ AC HOTELS BY MARRIOTT"M Founded in 1998 by Antonio Catalan, AC Hotels has more than 75 properties located in Spain, Italy, France and Portugal. AC Hotels and Marriott International formed a joint venture in 201 1, leveraging the unique style and design of these upscale urban -inspired hotels with the portfolio power and distribution of Marriott International. AC Hotels by Marriott provides innovative spaces of JL freedom and comfort, with a style that defines the most r A * contemporary hospitality — the unmistakable AC style. This brand targets travelers searching for a design -led hotel in a great location. Sleek, sophisticated European -inspired aesthetics bring the culture of the location alive to support our guests' experience. With its global expansion, we now introduce AC Hotels by Marriott to the United States in the top twenty travel markets, expanding Marriott's reach to an under -served $2 at # billion customer base. f 0 6. POTENTIAL HOTEL FLAGS AC HOTELS BY MARRIOTT - STANDARDS EXTERIOR Signature AC logo on top corner of the building • Signature channel lettering at main entrance with location name _ PUBLIC SPACE/REGISTRATION Registration European sensibility with linear clean aesthetic • Tone -on -tone color palette • Gallery quality, modern art and artifacts • Flexible layout • Retail inspired lighting RETAIL - Sleek retail display adjacent to registration • Innovative shelvin i'„•-;; j Features speciality waters, sweet treats and delectable snac a- _ •: _ _— � ' AC LOUNGE Contemporary European design infused with signature lounge seating and multimedia iiCioun area • Known for its dynamic atmosphere • Selective mix of beverages and delectable bar bites • The AC Lounge defines the local bar scene lighting • Complimentary Wi-Fi • 47"Television • Two prototype options - FITNESS Complimentary state-of-the-art fitness facilities • Accessible seven days a week, 24 hour x a day • Personal viewing screens (i.e., LCDTV) on all cardio equipment • 32" Flat -panel LIBRARY Collaboration area with low communal table • Reading area with carefully curated press, magazines, city guides • Wireless printer and laptop or tablet for guest use • Adjacent to - the AC Lounge Library - BREAKFAST Healthy crafted small -plate breakfast (paid offering) including a wide range of fresh products and juices • Flexible space cross -utilized for meeting room and private events MEETINGS a Required two AC Media Salons with integrated technology • One medium-sized room for business or social events (optional) - Featuring Workspace on Demand by Marriott for online meeting space bookings Breakfast., GUEST ROOM Simplistic design with consistent FF&E in all rooms • Signature closet featuring exposed design • Showers as standard • Work desk and luggage bench • Thoughtful architectural lighting • Complimentary Wi-Fi • 47"Television • Two prototype options - FITNESS Complimentary state-of-the-art fitness facilities • Accessible seven days a week, 24 hour x a day • Personal viewing screens (i.e., LCDTV) on all cardio equipment • 32" Flat -panel 00 00 Since the first submittal, CA Ventures has been in constant contact with Starwood, who has continually expressed interest in the RISE at Riverfront Crossings project. Starwood has chosen to elect Aloft as the available brand. Please see the below 101: starwood Mate15 MN R. mu Jamey Cua SENIOR DIRECTOR. DEVELOPMENT Te14.06.3118 F614.695.1462 C 814,4095051 E Pa= WaioR_o]Eo,els'MM 5241 spE rmh coup W. 1%ON 43162 Med .area VIA EMAIL December 31, 2014 John Diedrich VP of Investments CA Ventures 161 N Clark Street, Suite 4900 Chicago, IL 60601 Re: Aloft Hotel, Iowa City, IA Dear John Thank you for your interest regarding the Aloft brand in Iowa City, IA (the "Hotel', and your interest in the possibility of having Starwood franchise the Hotel as an Aloft Hotel. Based on our understanding of the market and your description of the Hotel project, we are pleased to express our interest in further evaluating this opportunity. Please now that this letter is only an expression of our interest to further evaluate this opportunity and does not create any legally binding obligation on Starwood. You should not rely on this letter, or any further discussions regarding this potential transaction as an agreement, ober or commitment by Starwood to enter into any transaction with respect to the Hotel. We look forward to continuing our discussions with you. Sincerely, Jamey Cua Senior Director, Development Starwood Hotels & Resorts Worldwide cc: Allison Reid W b[... ORarS E CA Ventures 161 N Clark Suite 4900 1 Chicago, IL 60601 Pt v6 Rc vdv. Page: 27 uD v srar, r VENTURES 6. POTENTIAL HOTEL FLAGS an a- st advantage Aloft Hotels caters to the next generation of travelers who crave jet -setting style and a vibrant social scene ata competitive price. Bold, sleek and unique, Aloft has completely redefined the select service category by pairing a tech -savvy, design -oriented product with the power of Starwood Hotels & Resorts' global sales and marketing platform, including the Starwood Preferred Guest' loyalty program. Aloft is stealing market share, sending satisfaction scores soaring and increasing third -party recognition—and all with an international appeal that drives global growth. In touch, in style and in demand, Aloft's portfolio is growing around the world. The time to seize the Aloft advantage is now. sryie at a steal ❑ean, contemporarg architecture is adorned with a stylishly striped pofte cochere that leads the wag Active and inviting, our public spaces are always alive and abuzz with activity. Our loft -like layout with knocked -down walls creates a modern space that's open in design and open for adventure. Our signature round front desk puts our talent in the hub of it all, allowing them to easily survey the space and multitask, while conveying a feeling of accessibility to guests. With a bright and buzzing social scene, w xyz bar'" anchors the space with a contemporary setting and flows into the inviting re:mW- lounge. Day -to -night lighting, a pool table and board games encourage guests to come down from their rooms and socialize. Work or play, Aloft is designed to accommodate today's trends and the lifestyle of tomorrow's traveler. Energy flows freely, personalities mingle and opportunities abound. SM o� A VISION OF W HOTEL S The new way to stay and play w xyz bar-- The fun flows freely with signature cocktails, a full menu and live music. Live atAio(t Hotels events make this hot spot the place to be, generating revenue and attracting both guests and locals alike. re:mixaa lounge A playful place or quiet space, re:mix lounge has everything right within reach, with plenty of seating, fast + free WiFi and music to switch up the vibe. refuel by Aloft- Guests on the go energize 24/7 with grab'n go gourmet light meals, mix -and -match snacks and regional treats from dim sum in China to make -your -own cappuccinos in the U.S. guestrooms Nine -foot -high ceilings, plush platform beds, fast + free WiFi, 42" LCD TVs, custom amenities by Bliss" Spa, rainfall showerheads, our signature coffee and more. Guests' gadgets power up in our plug 'n play docking station, which also links a computer and tunes to the TV. re:charge-- Sprint, stretch, lift and pump -day or night. Plus stationary bikes, treadmills and elliptical machines from Life Fitness -all the tools for a fitness fix. backyard Warm rays, fresh air and lounge tunes keep the vibe going outside, with stylish seating, mood lighting, and an indoor/outdoor fireplace. splash Guests can take a dip or relax in style at our pool, open morning to night. tactic Great ideas are sparked in our sleek meeting space, equipped with state-of-the-art A/V, plasma TV and fast + free WiFi. 5. POTENTIAL HOTEL FLAGS rast & Flexible Aloft offers friendly and flexible building options designed to meet your location and market - purpose build, adaptive re -use and conversion The Aloft prototype is a highly effective build -in -a -box that opens quickly while remaining cost efficient. Bright and bold conversions and purpose builds feature an easy-to-use, fully sourced FF&E package. Across all building variations, flexible food and beverage options are available based on specific market needs, with requirements limited to breakfast, a pantry and the w xyz bar, aiwags in step AlofYs cutting-edge technology and programming is designed for the next generation of travelers. From fiirsttouch to lasttaste, the fresh and hip Aloft experience resonates with guests. EnErgp is & alive With an eclectic, carefree style and a buzzing social scene, Aloft offers self -expressers a fresh, fun adventure at a competitive rate. Our core values—a sassy attitude, a savvy approach and a hip, urban -inspired space—affect everything We do, from our stylish design to ourtech-forward programming, and ensure an effervescent, energetic atmosphere. r-- Aloft Tallahassee Downtown Tallahassee, Florida, USA MEN Aloft Brussels Schuman Brussels, Belgium all Air e Aloft Richmond West / *' Glen Allen, Virginia, L*&, - CA Ventures has contacted Bricton Group to potentially operate the hotel aspect of the RISE at Riverfront Crossings project. CA and Bricton were project team members on a Hyatt Place in Normal, IL, and are excited about the potential to work together again. Please see the below 1-01: r. The Bricton Group NO SP i TA L ITT RES OU RC E5 January 6, 2015 Mr. John Diedrich Vice President – Investments CA Ventures 161 North Clark Street, Suite 4900 Chicago, IL 60601 RE: Iowa City Hotel – approximate 144 units Dear John, Thank you for providing us the update on your progress with the above -referenced asset in Iowa City. As we discussed, Bricton has a strong interest in operating the asset and being part of the transaction. Bricton is a Chicago -based hotel management company which currently oversees a hospitality portfolio consisting of 23 hotels with a market value of approximately $450 million. Our 24+ years of experience allows us to bring a deep breadth of experience to operating hospitality assets. Bricton has a strong record of successfully operating big -box full-service hotels, select - service hotels as well as resorts. For the Iowa City transaction, we currently operate in two Big 10 cities and have previous experience in two others. Our 225 -room, full-service Holiday Im located in Am Arbor is a top performer in the area We have operated there for 21 years and have forged long-lasting bonds with the university, city and civic groups as well as numerous high-tech and health companies (for profit) that are associated with the University. We have replicated that performance in Lafayette with Purdue University. We operate 3 select -service hotels in Lafayette and have developed strong relationships with the same sectors as Am Arbor. Additionally, we interface with the hospitality management school Bad employ interns, provide real life experience, eta. We would envision a similar relationship developing in Iowa City. Bricton currently operates the 7,000 -acre Eagle Ridge Resort and Spa on the Iowa/Illinois border. The resort attracts a high number of visitors from the Iowa City area (recently hosted wedding for daughter of Kirk Ferentz) and we would cross -market the Two assets. This is a great opportunity for us and we look forward to working with you. Very truly yours, 'd ' T/.iLT— Edward J. Doherty President I A71 E. BUSINESS CENTER DR., SUITE 900, MOUNT PROSPECT, ILLINOIS 60056 P:(Bdr) 6983800 WWW.BRICTON.COM B pR I S E CA Ventures 1 161 N Clark I Suite 4900 1 Chicago, IL 60601VA Y Page: 30 VENTURES lt oyr p 4PVrla Ynfr 5 CA Ventures has contacted Aimbridge Hospitality to potentially operate the hotel aspect of the RISE at Riverfront Crossings project. Please see the below 101: Ambridge January 15, 2015 Hospitality Mr. John Diedrich Vice President of lnvestments CA Ventures 161 North Clark Sam Suite 4900 Chicago, IL. 60601 Re: letter of Interest for Management of the Proposed Hotel at The Rise at Riverfront Crossing, lows City, Iowa Dear John: We wish m confirm our interest in being the management company for your proposed Hotel at The Rise at the Riverfront Crossing Mixed Use Development in Iowa City, Iowa. Aimbridge Hospitality is uniquely qualified to manage this asset because of several key factors, including: • AWARD WINNING MANAGEMENT - Aimbridge Hospitality is the second largest independent hotel management company operating over 250 hotels and 32,000 guestrooms nationwide. We have been awarded numerous awards for Guest Satisfaction by Forbes, Hilton, Hyatt, Starwood, and TripAdvisor. • EXPERIENCED MANAGEMENT TEAM - Each of our senior management team has more than 30 years of hospitality experience in a vast array of markets and has managed properties in site from 70 to 1,600 rooms for all the major brands. • MAXIMIZING REVENUES AND PROFITABILITY - Contributing to ora ability to drive revenues and profitability is am competitive advantage of having centralized revenue management and am unique direct sales approach for each hotel we manage. Our centralized infrastructure provides responsive and creative solutions to the needs of ownership. Aimbridge has the infrastructure to provide full-time support in sales & marketing, revenue management, moms, food & beverage, accounting, and human resources. • GUEST EXPERIENCE FOCUS - Aimbridge understands the need to provide unique experiences to guests that are tailored to individual markets and travel purposes. Our team's focus on service and operational experience will create a positive, unique and memorable visits. • TRUSTED STEWARDSHIP - Aimbridge Hospitality has eamed Preferred Management Company stems with Hyatt, Hilton, Hyatt, Marriott, and Starwood Hotels. We are the largest independent operator of Hyatt Place, Hyatt House, aloft by Starwood, and one of the largest operators of Hilton branded hotels. Our senior leadership came from running a brand and are well versed in all the major hotel franchise systems and programs. We look forward to being part ofthis exciting project. Please feel free to reach out to me if 1 can be army assistance ofyou have any questions. Sincerely, Richard T. Sprecher CHA Vice President of Business Development O I rI F „E CA Ventures 161 N Clark Suite 4900 Chicago, IL 60601 11 7 Page: 31 VENTURES CA Ventures has contacted First Hospitality Group to potentially operate the hotel aspect of the RISE at Riverfront Cross- ings project. CA and First Hospitality Group have been project team members on a Hyatt Place in Champaign, IL, and are excited about the potential to work together again. Please see the below L01: NFF woa.nt. x.eM,ou January 5, 2015 Mr. John Diedrich Vice President of Investments CA Ventures 161 N. Clark Street Suite49O0 Chicago, It 60601 Dear John: Thank you for the opportunity regarding the management of your property located in Downtown Iowa City, Iowa. On behalfof the entire professional team at First Hospitality Group, Inc. (FHG), I am pleased to make the following proposal for management services. First Hospitality Group, Inc. (FHG) is a professional hospitality management and development company that provides a broad base of supervisory and consulting services to institutional and individual clients throughout the Midwest. First Hospitality has successfully grown the company to over 60 hotels in 10 states, consisting of over 8,500 rooms. Since its incorporation in 1984, First Hospitality Group has been a leader in hotel management, acquisition and development services with a proven track record In a variety of markets and economies, including experience with 16 major hotel brands. First Hospitality Group, Inc. is committed to producing the maximum profit consistent with the prudent operation of your hotel asset. We have earned the distinction of leading each of our hotels to a significant increase in total revenue and gross operating profit through an energetic hands on management approach. Each ofour properties has been recognized as a leader in market share and quality within its competitive set and brand system. Our hotels have won more than 30 hospitality industry awards for outstanding guest service and value. As part of our services, FHG will provide the following: Marketing Wan We will develop a comprehensive marketing plan designed to maximize the hotel's revenue potential consistent to your overall development plans of this distinctive location within Iowa City Invi We will prepare for your review an annual Operating Plan (budget) detailing the anticipated performance of the hotel for the coming year, including operations, capital expenditures, and cash Flow. First Hospitality tinder, 10275 West Higgins goad, Suite 300, 8osemi IL 00 18 86F299-9040 P 849-299-9045 www.Otginc.com O Rf,;S E CA Ventures 1 161 N Clark Suite 4900 1 Chicago, IL 60601 Page: 32 VENTURES (Pni Si Hni • • • ,OFHG • Management • We will hire, train, and supervise the gaff. Our primary focus is on maintaining a high level of guest satisfaction, along with delivering the budgeted performance. We emphasize the top line (Revenues) and then manage to the bottom line. Aaountine Services Within 15 days after the last day of each calendar month, a detailed Operating (Financial) Statement will beprepared. Any unusual variance to budget will be explained.Also, monthly and annual narratives will be provided explaining our current performance, an overview of market conditions, and anticipated • future performance. As part of our services, we will prepare a full detailed general ledger, manage receivables, pay all invoices (cash permitting), and prepare a full monthly statement. The full scope of our services reduces the staffing requirements for a professional "accounting department" at the unit • level, saving in excess of $75,000 per year. Our staff Includes several Certified Public Accountants along with providing you access via the Internet to your financial Information on a timely basis. Our full fee schedule and term will be presented to you at a later data however will Include a Base • Management Fee of the greatest of 3.0% of Gross Revenue or $4,000 per month. We will provide to you and this project a high level of expertise in all phases of operations from design feedback, to franchise relations, training, purchasing, human resources administration, and bottom line performance. Our success is grounded in our values focused on People, Product, Performance and • Principles. Thank you in advance for your consideration of First Hospitality Group. We look forward to working with you now and intro the future. • • Sincerely, • c�Jk et Robert J. Habeeb • President & COO • • First Hospitality Gmup,10275 West Higgins Road, Suite 300, Rosemont, IL 60018 947-299-9040 F 847-2994045 www,R,ginc.com • • O RI 01 J E CA Ventures 1 161 N Clark Suite 4900 1 Chicago, IL 60601 � P rra Fa II f S 1 xage: 33 f. P VENTURES CA Ventures has recently contacted Harrison Street Real Estate Capital (HSRE) regarding the RISE at Riverfront Crossings project. HSRE has expressed interest in providing 85% of the equity required for the development, thus CA would provide the remaining 15%. To date, CA and HSRE have partnered on 13 different projects totaling to 6,000 beds. This successful relationship has led to HSRE being CA's leading equity provider in contributing more than $90.7 million to CA projects. Please see the below LCI: January 13, 2015 W. Jeff Davidson City of Iowa, Iowa 410 East Washington Street lows City, IA HARRISON STREET I Real F_state Capital STRICTLY CONFIDENTIAL RE: Campus Acquisitions Development Dear Jeff: I write to confirm our interest In providing 85% of the equity required to develop a mixed use project featuring 547 student rousing beds, a 150 room hotel and 504 parking spaces in Iowa City, W We are working intently with the CA Ventures team to prepare for our intemal investment committee. Since our founding In 2005, Harrison Street Real Estate Capital has invested over $600,000,000 in the Student Housing sector encompassing over 50,000 beds at 70 different Universities. Today, we remain the largest privately -held owner of on and offeampus student housing beds in the United States. Since 2006, we have been the exclusive equity provider to CA Ventures and together with the projects currently under development, will have completed thirteen (13) development projects totaling over 6,000 beds at thirteen (13) Universities. We strongly endorse the CA Ventures Team and have enjoyed great success with them both as development partners as well as asset operators. Please do not hesitate to contact me should you have any further questions about our fion or our Joint Venture with CA Ventluas, Very Truly Yours, Gror ie Vice President +1 (312) 3760146 Cc: John Diedrich —CA Ventures JJ Smith — CA Ventures Tan Scoff — CA Ventures Ok i s t CA Ventures 1 161 N Clark I Suite 4900 1 Chicago, IL 60601 Fr'p°pr �sr I°w'r",T Page: 34 VENTURES AD 00 The below exhibit presents a preliminary project building cost, preliminary pro forma and sources and uses of funds. CA can provide additional items upon request. Summary of Net Operating Income RISE at Riverfront Crossings Sources & Uses Year 1 2017-18 Year 2 2018-19 Year 3 2019-20 Year 4 2020.21 Year 5 2021-22 Operating Revenue Common Equity 35.0% 35,905,526 Residential Rental Revenue 7,191,380 7,407,122 7,629,335 7,858,216 8,093,962 Hotel Revenue 6,058,872 6,423,500 6,898,727 7,105,689 7,318,860 Retail & Office Revenue 214,900 221,347 227,987 234,827 241,872 Office Revenue 510,360 525,671 541,441 557,684 574,415 Total Operating Revenue 13,975,512 14,577,640 15,297,491 15,756,415 16,229,108 Total Departmental Expenses 1,375,904 1,427,920 1,481,926 1,537,999 1,596,218 Operating Expenses Total Uses 100.0% 102,585,526 67,641,530 28,131,522 Management Fee (4.0%) 559,020 583,106 611,900 630,257 649,164 G&A / Payroll 1,152,825 1,189,238 1,227,741 1,264,573 1,302,510 Marketing 290,520 299,236 308,213 317,459 326,983 Insurance 116,686 120,187 123,792 127,506 131,331 Property Taxes 1,624,680 1,673,421 1,723,623 1,775,332 1,828,592 Utilities 592,320 610,090 628,392 647,244 666,661 Maintenance 278,500 286,855 295,461 304,324 313,454 Franchise Fee 380,760 367,553 461,452 543,195 559,491 Turnover 50,130 51,634 53,183 54,778 56,422 Capital Reserve 234,554 234,554 234,554 234,554 234,554 Total Operating Expenses 5,279,996 5,415,872 5,668,311 5,899,223 6,069,163 Op Expense as % of Total Revenue 47.63% 46.95% 46.74% 47.20% 47.23% Net Operating Income 7,319,612 7,733,848 8,147,254 8,319,194 8,563,727 Sources & Uses % Total Apartment Hotel Office Retail Common Equity 35.0% 35,905,526 Senior Debt 65.0% 66,680,000 Total Sources 100.0% 102,585,526 Land Costs 6.3% 6,500,000 1,000,000 2,500,000 2,000,000 1,000,000 Hard Costs 76.9% 78,892,907 55,874,528 19,670,664 2,328,000 1,019,715 Soft Costs 16.8% 17,192,619 10,767,002 5,960,858 323,194 141,566 Total Uses 100.0% 102,585,526 67,641,530 28,131,522 4,651,194 2,161,281 CA Ventures 1 161 N Clark I Suite 4900 1 Chicago, IL 60601 Page: 35 AA�VENTURES The below exhibit presents a preliminary project building cost, preliminary pro forma and sources and uses of funds. CA can provide additional items upon request. Unit Mix Summary Type Qty. Market Rate Afford. Rate 1 Bed 127 $1,600 $668 2 Bed 149 $2,200 n/a 3 Bed 44 $2,700 n/a 320 $2,031 $668 Hotel Rate Assumptions: - Stabilized Occ: 70.00% Initial Daily Rate $160.00 Retail & Office Rate Assumptions: Retail NNN Rent ($/SF) $25.00 Office NNN Rent($/SF) $20.00 Residential SF Common SF Hotel SF Parking SF Retail SF Office SF Total SF 247,780 63,850 81,373 133,860 6,365 O R I S E CA Ventures 1 161 N Clark I Suite 4900 1 Chicago, IL 60601 "` a "�ns "' nssPage: 36 VENTURES rGt a N HERE University of Illinois 143 526 West Quad University of Illinois 136 472 The Flats I, II & I II Illinois State University 152 446 Evolve Southern Illinois University 109 365 Landmark University of Michiean 173 606 Chauncey Square Purdue University 158 386 Fuse Purdue University 229 489 The Vue Arizona State University 132 468 Rise Texas A&M University 173 471 The Castilian University of Texas 371 742 Texas West Campus University of Texas 62 190 Vintage West Campus University of Texas 62 121 Union Baylor University 54 120 Bishop's Square Texas State University 134 315 Evolve University of Tennessee 59 228 Garnet River Walk University of South Carolina 170 472 River Mill University of Georgia 243 461 Landmark University of Maryland 273 827 Icon Plaza University of Southern California 56 256 UCSB I & II University of California - Santa Barbara 51 205 Mountain Lofts Brigham Young University 161 1,072 Uncommon University of Oregon 120 380 LIV University of Washington 56 199 Identity University of Washington 198 206 Arc at Old Colony South Loop Universities 108 488 Infinite South Loop Universities 124 481 Social 28 University of Florida 169 592 Onyx Florida State University 219 583 Latitude University of Nebraska 198 569 OneEleven University of Ottawa 222 427 TOTAL 5.799 16.784 ORI 5 E RI RI VF RF R011' rR�Rs,.n� CA VENTURES PORTFOLIO 19% 41/ 6% Based on # of Properties 39% e Student Housing ■ Multi -family ■ Office ■ Retail & Hospitality ®Senior Housing CA Ventures l 161 N Clark I Suite 4900 Chicago, IL 60601 Page: 37 *-&Wk VENTURES VENTURES RISE at Riverfront Crossings Proposal for the Court Street / Linn Street Redevelopment Site MIXED-USE REDEVELOPMENT: HOTEL APARTMENTS OFFICE RETAIL JJ Smith, Chief Development Officer 312 994 1882 jjsmith@ca-ventures.com CA Ventures 1 161 N Clark I Suite 4900 1 Chicago, IL 60601 Ott CITY OF IOWA CITY UNESCO CITY OF LITERATURE PENDING CITY COUNCIL WORK SESSION TOPICS March 18, 2015 April 7th 1. Discuss Charter Review Commission recommendations Pending Topics to be Scheduled 1. Discuss city related marijuana policies and potential legislative advocacy positions 2. Review of the Sensitive Areas ordinance 3. Discuss formation of staff /citizen climate adaptation advisory group (spring 2015) 4. Discuss transit route planning framework 5. Review University of Iowa enrollment and housing projections 6. Discuss nuisance and property management standards in neighborhoods 7. Review sale of alcohol to minors regulations r03-19-15 �•-�..--,.Ar CITY OF IOWA CITY IP5 �ch MEMORANDUM Date: March 17, 2015 To: City Council From: Tom Markus, City Manager Re: Davidson resignation After thirty-four years of service, Jeff Davidson has informed me of his intention to resign the position of Economic Development Administrator to accept a position with the Keep Iowa Beautiful organization. His resignation will be effective April 8, 2015. We are grateful for Jeff's service and many accomplishments over the years and wish him the very best in his new endeavor. 03-19-15 3� ! - � CITY OF IOWA CITY iPs I SISM C%.Q�W= ftimeRaluk MEMORANDUM Date: March 13, 2015 To: Tom Markus, City Manager From: Geoff Fruin, Assistance City Manager Re: Coralville Arena Project Update The Iowa City / Coralville Area Convention and Visitor's Bureau (CVB) contacted the City last week regarding the City of Coralville's intent to apply for State of Iowa Reinvestment District program funding for a sports performance center and 7,000 seat multi-purpose arena. The arena has been part of Coralville's plan for their Iowa River Landing district since the early 2000s. The State of Iowa Reinvestment District program allows for a city to capture newly generated state sales and hotel motel taxes to support eligible economic development projects within a designated district. In previous years, the arena discussion included scenarios that involved the University of Iowa Athletic Department utilizing the facility for various sports and/or office needs. Because the project did not materialized there was never in-depth discussion on what the University would do with existing facilities located in Iowa City if operations moved to Coralville. When we learned of the project's re-emergence last week, we contacted University of Iowa leadership to determine what involvement, if any, they are planning with the current proposal. The University communicated that there are no plans or intentions to own the facility or move any athletic operations to the new arena. If the facility is constructed, the University indicated it would contemplate lease of the facility on a case-by-case basis for special events, sports camps or other such needs. Therefore, it is our understanding that the arena project has no bearing on the athletic campus in Iowa City. During those same discussions, it was conveyed that the sports performance center may have a connection with the University of Iowa Hospitals and Clinics operations that will eventually relocate to that district. It is our understanding that this project is not in their capital plan, however conversations on collaboration are currently taking place between the hospital and Coralville. The University and CVB have both pledged to keep the City appraised of plans involving this project and any related impacts to facilities and operations on the main athletic and hospital campus in Iowa City. CITY OF IOWA CITY U NESCOj��CITY O FLIT��ERATU RE Xa��a Date: March 17, 2015 CITY OF IOWA CITYip� MEMORANDUM To: Tom Markus, City Manager From: John Yapp. Development Services Coordinator Re: Unitarian Church property demolition permit Introduction On March 16, a representative of the Unitarian Church submitted an application for a demolition permit for the Church property. Background The City requires a seven business day `posting' of a notice of demolition on the property before demolition may commence. The posting was confirmed this morning (March 17); the notice period will expire on March 26. Per the Iowa Department of Natural Resources, the property owner is also required to hire an asbestos abatement contractor to conduct an evaluation of the property — if asbestos is present on the property, it must be abated before demolition commences. Demolition permits are valid for 180 days, but may be renewed. After the seven-day posting period and after any asbestos is abated, demolition may commence at the property owner's discretion. Discussion The original Unitarian Church structure would likely qualify to be a historic landmark. To date, however, we have not received a landmark application. The historic landmark designation functions as an overlay zone, and as such requires a rezoning process with recommendations from the Historic Preservation Commission and Planning and Zoning Commission and ultimately would be considered by the City Council. If / when the City Council sets a public hearing on the historic landmark rezoning, the City would put a hold on the demolition permit until the City Council votes on the landmark rezoning request. If the landmark designation is approved by the City Council, any demolition or changes to the exterior of the structures on the property would need to be approved by the Historic Preservation Commission. If the landmark designation is denied, the property owner may proceed with changes to the property, including demolition, at their discretion. Conclusion Staff will proceed with normal procedures related to the demolition permit application. r Oh®fir CITY OF IOWA CITY IP8 ,�,,�_ MEMORANDUM Date: March 19, 2015 To: Tom Markus, City Manager From: Michael Moran, Director of Parks and Recreation Re: Administration of the Farmers Market Introduction: Changes to the management and marketing of the Iowa City Farmers Market History/Background: After careful consideration, the Parks and Recreation Department has determined that the management and marketing of the Farmers Market will be outsourced to a private firm for the 2015 season. Two factors determined this; 1) Department Budget constraints and 2) after some position consolidations and added assignments to staff, it will make it more difficult to administer this program in house. We are confident that outsourcing the management and marketing of the market is the most efficient option at this time. The Department will retain stewardship and oversight of the market by providing leadership in setting policies and regulations over market functions and services including selecting vendors, determining the location of the markets and setting the times the market is open. Discussion of Solution: The Department has selected Avacentre, a full service event management company located in Cedar Rapids, to fulfill this contract. This is the same company that currently administers the event management services at the Terry Trueblood Recreation Area Park Lodge and Ashton House. We have developed a positive relationship with their staff over the past two years. The only change for the vendors will be the contact person for scheduling stall spaces which will now be the Avacentre staff instead of our department. We anticipate that they will be hiring our existing staff for a smoother transition during market events and activities. Financial Impact: The results of this arrangement would amount to a small cost savings of approximately $8,000 in the first year with some additional cost savings in years to come if we are to continue on with this arrangement. I would be happy to answer any additional questions that you may have. 03-19- L Marian Karr IP9 From: Kingsley Botchway Sent: Monday, March 16, 2015 9:52 AM To: Marian Karr Subject: Re: KXIC schedule Hello Marian, Will we talk about this at our next council meeting? Kingsley Botchway II Iowa City Council Member Sent from my iPad On Mar 11, 2015, at 12:36 PM, "Marian Karr" <Marian-Karr@iowa-cit�org> wrote: FYI From: Capron, Jay [mailto:JayCapron iheartmedia.com] Sent: Wednesday, March 11, 2015 12:33 PM To: Marian Karr; Matt Hayek; Kingsley Botchway; Rick Dobyns; Jim Throgmorton; Susan Mims; Terry Dickens; Michelle Payne Subject: KXIC schedule Dear Marian and Councilors, I am pleased to tell you that I have made some adjustments to our schedule and I was able to free up some live interview slots for the morning show in addition to our weekly recorded slots. Both Susan and Rick expressed interest in coming to the studio for live interviews to keep our morning listeners in the loop with Iowa City news and information. (In addition to our weekly pre-recorded interviews on Wednesday morning at Sam) I propose that an Iowa City councilor join me for'Your Town' on the 1st and 3rd Friday of the month from 7:15am - 7:45am. I understand if this time slot will not work for all of you however my hope is that we could pre- record something on Thursday to air during the morning show on Friday if you can't make it to the studio for a live interview. I am very happy that we can continue to feature Iowa City council members during our morning show. Please let me know if this plan works for you. Thank you, .lay Capron Morning Host/Program Director I AM -800 KXIC iHeartMedia o 319.354.9500 Ex. 104 1 m 319.330.0800 1 Stephen Atkins Dr., Iowa City, IA 52240 www.kxic.com I have created a schedule that can be filled out with a rotation that works for you. Wednesday Interviews 8am 3/11 - Mims 3/18 3/25 4/1 4/8 4/15 4/22 4/29 5/6 5/13 5/20 5/27 6/3 6/10 6/17 6/24 7/1 7/8 7/15 7/22 7/29 8/5 8/12 8/19 8/26 9/2 9/9 9/16 9/23 9/30 10/7 10/14 10/21 10/28 11/4 11/11 11/18 11/25 12/2 12/9 12/16 12/23 12/30 1st and 3rd Fridays 4/3 4/17 - N/A (booked) 5/1 5/15 6/5 6/19 7/3 7/17 8/7 8/21 9/4 9/18 10/2 10/16 11/6 11/20 12/4 12/18 From: Marian Karr [Marian-Karr@iowa-city.org] Sent: Tuesday, March 10, 2015 11:48 AM To: Capron, Jay Subject: KXIC schedule Susan Mims will be on the show tomorrow. I will send you a new schedule shortly. Marian K. Karr, MMC City Clerk I City of Iowa City P. 319-356-5041 F. 319-356-5497 Population 67,862 Proud Home of the Iowa Hawkeyes! LMarian Karr IP10 From: Kingsley Botchway Sent: Tuesday, March 17, 2015 8:59 AM To: Marian Karr Subject: Fwd: We passed a county anti -wage theft ordinance! Attachments: image001.png Hello Marian, Can you add this to the upcoming council packet? Kingsley Botchway II Iowa City Council Member Sent from my iPad Begin forwarded message: From: Misty Rebik <misty@cw'io1 wa.org> Date: March 4, 2015 at 10:29:39 AM CST To: Kingsley Botchway <Kingsley-Botchwayna,iowa-cit�org> Subject: FW: We passed a county anti -wage theft ordinance! Hi Kingsley, I hope you are doing well. I just wanted to forward the following email to you regarding another progressive, meaningful ordinance that was passed to help combat wage theft. I know this was at the county level, but it might serve as inspiration for something our council could consider at some point down the road. Best regards, Misty R. Misty Rebik Executive Director Center for Worker Justice (319) 594-7593 misiy@cwjiowa.org Follow us on Facebook: www.facebook.com/centerforworkeriusticeofeasterniowa From: Adam Kader [mailto:adamparisechicago ori] Sent: Tuesday, February 10, 2015 8:19 PM To: Adam Kader Subject: We passed a county anti -wage theft ordinance! Fellow Worker Centers, Just wanted to share our latest in the anti -wage theft fight! **For Immediate Release February 10, 2015 CONTACT Adam Kader, Worker Center Director, Arise Chicago 773-937-1826 1 adamgarisechicago.org Arise Chicago Announces Unanimous Passage of Groundbreaking Cook County Anti - Wage Theft Ordinance * Photos and video available upon request Chicago — Today, the Cook County Board of Commissioners voted unanimously in favor of the Cook County Anti -Wage Theft Ordinance. President Toni Preckwinckle and Commissioner Tobolski led the bold initiative to curb the widespread practice of employers not paying their workers, a problem estimated to exceed $7.3 million weekly county -wide. The Ordinance prohibits businesses that engage in wage theft from obtaining county contracts, business licenses and property tax incentives for a period of five years. Businesses seeking these services and benefits from the County will need to certify compliance with wage and hour laws and maintain compliance for continued eligibility. Cook County becomes the largest county in the United States with such provisions. The Ordinance was inspired by advocacy by workers' rights organization, Arise Chicago, surrounding the recent closing of Source Interlink in McCook, IL. Angelina Landaverde, Arise Chicago member and a leader of the Source Interlink workplace campaign that inspired the Ordinance states, "When our employer closed our plant without providing us any notice and without paying us severance, it was a terrible thing. But I'm glad that something good could come out of it, and I'm proud to support this bill." "Unscrupulous business owners have exploited low-wage workers by refusing to pay overtime, classifying legal employees as independent contractors, paying less than minimum wage, and, in some instances, even refusing to pay wages outright," Preckwinkle says. "This is unfair to hard- working employees and their families and it's unfair to competing businesses which are operating within the confines of the law." "Millions of dollars in wages are stolen from workers by their own employers every year. Businesses who take advantage of Cook County workers should not benefit from Cook County contracts, licenses and property tax incentives," said Tobolski. "For businesses and working people to thrive in Cook County, we need to be morally grounded in our business ethics. We applaud Commissioner Tobolski and President Preckwinkle for their leadership on this ordinance, which is a building block in making Cook County the most ethical place in the country to do business!" says Arise Chicago Executive Director, Rev. C. J. Hawking. A broad coalition of community organizations representing low-wage workers and their allies, including the Raise the Floor alliance of area worker centers and the Jewish Council on Urban Affairs, supported the Ordinance. Adam Kader Worker Center Director ARISE CHICAGO 773-937-1826 adam(2arisechicago.org 1436 W. Randolph St., Suite 202 1 Chicago, IL 60607 03-19-15 IN1 =J Marian Karr From: Tom Markus Sent: Monday, March 16, 2015 9:46 AM To: 'Jim Throgmorton' Cc: Marian Karr; Doug Boothroy; John Yapp; Jeff Davidson; Eleanor M. Dilkes; Sue Dulek; Sara Greenwood Hektoen; Geoff Fruin; Simon Andrew Subject: RE: Comp Plan amendments Jim: In response to your email of March 13, 2015 1 offer the following. Because the comprehensive plan amendment failed, the status quo remains. That means that these three blocks are solely governed by the principals set forth in the IC2030 Comprehensive Plan, and not by any particular sub district plan. The IC2030 Plan shows these three blocks as appropriate for public or semi-public uses, except for the Chauncey site, which is shown as appropriate for commercial development. Other than the MidAm substation and the Unitarian Universalist properties, which are currently zoned CB -5, these three blocks are zoned Public. Any rezoning application must be consistent with the comprehensive plan. You are correct that nothing that happened on Monday inhibits the City's ability to apply to rezone the Chauncey site. With the exception of the Chauncey project, however, if a property owner or developer desires to use any of these three blocks for a use that is not considered a public use or semi-public use, a comprehensive plan amendment would be required before Council could approve the rezoning application. With regard to the Unitarian -Universalist site, you are correct that they could redevelop their site in accordance with the CB -5 designation. But should they desire a rezoning to any other commercial designation or desire to incorporate any portion of the City -owned property into redevelopment of their office addition in order to preserve the sanctuary and redevelopment of the office addition, the City -owned property would need a rezoning, which, again, is not supported by the current IC2030 plan. The proposed language in the resolution denied on Monday would have allowed for these rezoning applications without the need to amend the comprehensive plan on an ad hoc basis, would have incorporated these areas into the goals and objectives of the downtown comprehensive plan, and would have established a framework for building heights on these three blocks. While we do not believe any projects are truly "dead", the comprehensive plan will need to be amended in order to move forward with any redevelopment of City -owned property other than the Chauncey site. As this information is likely something the balance of council may also have questions on I am asking Marian to place in the info packet at the end of this week so the council and public is aware of this information. From: Jim Throgmorton [mailto:jthrogmo@yahoo.com] Sent: Friday, March 13, 2015 5:18 PM To: Tom Markus Subject: Re: Comp Plan amendments Sure, Tom. Just so you know, I will be out of town from the 14th through the 20th. Jim Sent from my Wad On Mar 13, 2015, at 3:35 PM, Tom Markus <Tom-Markuskiowa-cit� wrote: Jim: I would like a little time to contemplate my answer to your questions. Is responding next week ok? From: James Throgmorton [mailtwithrogmokyahoo.com] Sent: Friday, March 13, 2015 12:31 PM To: Tom Markus Subject: Comp Plan amendments Tom, Monday night was a difficult evening for everyone concerned. Subsequent to the vote, several people (both pro and con) have asked me, "Does this mean The Chauncey is dead?" I have told them, no, it's not dead. The City could file for rezoning to CB -10 any time in the near future, and the rezoning process would unfold. If this is not correct, please let me know. Also, Mitch Schmidt's March 12 Gazette article basically states that three development projects in the 3 -block area have been delayed because of the Council's vote. Andy Davis' article in today's Press -Citizen says pretty much the same thing. He writes that Monday night's vote "has all but halted progress" on The Chauncey and the U -U site. This honestly puzzles me. As I understand it, nothing about the vote on Monday night inhibits the City's ability to apply for a rezoning of The Chauncey site to CB -10. The rezoning process would unfold, people would express their views, the process would be contentious, votes would be taken, and the issue would be resolved. If that is not correct, please let me know. I am perhaps even more puzzled by the discussion of "the New Pi building" in Mitch Schmidt's article. I am, of course, very much aware that such a building has been discussed, and I certainly remember the conversation you and I had with Martha Norbeck, which set that project in motion. As best I can recall, however, this possible building was never explicitly discussed in any of the staff reports, public hearings ,and emails concerning the proposed amendment. And (again, to the best of my knowledge and recollection) we council members have never received any staff memos or reports about it. So, I was very surprised to see it mentioned in the article. Moreover, it's not clear to me whether the proposed building would be located where you, Martha, and I discussed, or whether it would be in some other unidentified location. As for the third site, it is my understanding that U -U or any subsequent owner would be able to redevelop that site in accord with existing CB -5 zoning. It is also my understanding that they would have to apply for a rezoning if they wanted to redevelop it at a higher density, even if we had adopted the Comp Plan amendment. If this is not correct, please let me know. And I am puzzled by something Jeff Davidson is quoted as saying about The Chauncey and New Pi sites in Schmidt's article. According to Schmidt, Jeff said, "The significant thing is, as it stands right now, neither one of those projects could proceed because they don't have the zoning, We've got to go back to square one now." As I have already indicated, it is my understanding that the property owners would have to apply for a rezoning regardless of whether we had passed the Comp Plan amendments or not. If this is not correct, please let me know. If the staff understood that a vote against the proposed amendments meant that any one (or all three) of those projects would truly be killed, the staff should have said so very clearly in writing and in its oral presentation. Jim LATE HANDOUTS � r rirng®4 CITY OF IOWA CITY 410 East Washington Street Iowa City, Iowa S2240-1826 (319) 356-5000 (319) 356-5009 FAX www.icgov.org Information submitted between distribution of packet on Thursday and close of business on Friday. Regular Agenda: ITEM 10 HOTEL DEVELOPMENT — See additional correspondence Info Packet of 3/19: �— Memo from City Manager: Rezoning request for the College St./Gilbert St. property � r 110 MT CITY OF IOWA CITY UNESCO CITY OF LITERATURE CITY OF IOWA CITY MEMORANDUM Date: March 20, 2015 To: Doug Boothroy, Director, Neighborhood and Development Services From: Tom Markus, City Maer Re: Rezoning request for the St /Gilbert St property Introduction The City has identified the northeast corner of College Street and Gilbert Street as a prime location for in -fill development. The City owns a majority of the property. MidAmerican Energy owns an electrical substation property adjacent to the Swan Parking Ramp, which is currently zoned CB -5. The property was formerly the location of a Greyhound Bus Station, and Wilson's Sporting Goods. It is currently used for surface parking and storage. The NE corner of College St / Gilbert St is identified as 'general commercial' on the IC2030 Comprehensive Plan Future Land Use Map. While the City -owned property is currently zoned Public ('P'), there are no municipal functions identified for the property. The next step to allow development of this property is to initiate a rezoning. Background The NE corner of College St / Gilbert St was identified as a redevelopment parcel in 2012 as the City was conducting a Facilities Study, and determined the property was not needed for municipal functions. The property has characteristics that would support development of downtown density (CB -10), including: • Adjacency to a 450 -space parking structure (Swan Parking Ramp) • Access from a 4 -lane arterial street (Gilbert St) • Public transit service • The property is already in the Downtown and Riverfront Crossings Parking District • Adjacency to Chauncey Swan Park, making the property more attractive for residential living • One block (or less) from City Hall, the Recreation Center, the Public Library, and the pedestrian mall; within easy walking distance of downtown and the University of Iowa Campus • The City has general goals, as stated in the IC2030 Comprehensive Plan, to identify properties for infill development, and to encourage projects that can attract residents to Downtown • The property does not contain historic landmark properties, is across Gilbert St from CB - 10 Zoning, and is surrounded by public property and facilities. March 19, 2015 Page 2 It was with these characteristics in mind that the City identified this property as 'general commercial' in the IC2030 Comprehensive Plan, which was approved in 2013. Recent Comprehensive Plan Activity This property is governed by the goals and objectives of the IC2030 Plan, but not by any sub- area plan. The IC2030 Plan identifies the area 'east of Gilbert St and north of Burlington St' as an area needing further study, and recommends that a process be initiated to address how this area redevelops over time. Since last fall, staff has been conducting this process, and recommended that the three blocks east of Gilbert St, north of Burlington St and south of Iowa Ave be added to the Downtown District of the Downtown and Riverfront Crossings Master Plan. The three blocks are already a part of the Downtown and Riverfront Crossings Parking District. While a majority of the City Council (on a 5-2 vote) supported this Comprehensive Plan amendment at the Council's March 9, 2015 meeting, the amendment failed due to the super - majority vote requirement triggered by the Planning and Zoning Commission not recommending approval. Staff and the Planning and Zoning Commission are continuing work on Comprehensive Plan guidance for properties east of Van Buren St which are zoned CB -2 and CB -5. While adding these three blocks to the Riverfront Crossings and Downtown Master Plan would have meant that the goals and objectives for that area applied to these properties, thereby providing a larger framework for future development, the NE corner of College St / Gilbert St is already identified for commercial land use. The current IC2030 Comprehensive Plan and Future Land Use map still applies to this property. Discussion of Solutions The next significant step in the process of bringing development to the NE corner of College St / Gilbert St is rezoning of the property. It is appropriate for the City to initiate a rezoning application for CB -10 zoning due to the City owning the property, and due to the other factors as outlined in this memo. Direction Please proceed with a rezoning application for CB -10 zoning for the NE corner of College St / Gilbert St. CB -10 is consistent with the Comprehensive Plan and would allow the City to proceed with development of this corner. IP12 Marian Karr From: Tom Markus Sent: Tuesday, March 10, 2015 9:18 AM To: *City Council & All Dept Heads Subject: FW: My op-ed on solar fyi From: Tom Markus Sent: Tuesday, March 10, 2015 9:17 AM To: Brenda Nations Cc: 'Rochekat@gmail.com'; Geoff Fruin; Simon Andrew; Doug Boothroy Subject: FW: My op-ed on solar Brenda: Please let me know your thoughts on Katie's op-ed piece. Please compare against our plans and initiatives in terms of what has been done and what we have as goals. Tom From: Katie Roche [mailto:rochekat@gmail.com] Sent: Tuesday, March 10, 2015 8:46 AM To: Tom Markus Subject: My op-ed on solar Dear Tom, I value your opinion on the future of Iowa City and wanted to let you know that I'm planning to submit an op-ed calling for real commitment to solar power. I've sent it to an array of people (JC Supervisors, the school board and Superintendent Murley) seeking feedback. Those that responded were in favor of the ideas expressed here. My final step, before submitting it to the Press -Citizen, is to ask you and the City Council to look at it and give you an opportunity to have your opinion included in the piece. Thank you for taking the time to look at this. The piece: Time for Solar Schools and City Buildings Thanks to a breakthrough Iowa Supreme Court decision last summer, which upheld the City of Dubuque's right to install solar panels on municipal buildings, third party power purchase agreements for rooftop solar are spreading across Iowa. Iowa City is already on the move. Johnson County Supervisors anticipate a long-term savings of $285,000 on a new pilot agreement for solar panels on the Secondary Roads Facility. The University of Iowa issued a request for proposals for solar power purchase agreements on campus. The City of Iowa City just announced1p ans to purchase four solar -powered trash compactors. At an Ecopolis Forum at the public library last month, developer Kevin Hanick spoke about his Riverfront Crossings District apartment complex, which will include 700 rooftop solar panels. But with tax credits set to expire in 2016, the clock is ticking for Iowa City and the Iowa City Community School District to take advantage of third party power purchase agreements or pursue other solar power arrangements and ramp up our community's commitment to clean energy, climate action, and long-term savings. Because the savings that come from third party power purchase agreements are generated primarily by federal and state tax credits, the savings is initially really just a transfer of funds paid by the taxpayer (eg. you and I) on a broader scale to a more finite project — the school building. But, with ownership of the solar panels reverting back to property owners (the school district) after only 10 years the long term savings are excellent, because the school will already be producing and consuming their own electricity with their now fully owned panels, which still have 15 years left under what is usually a 25 -year warranty. When I walk my child to Longfellow Elementary School every morning, I am reminded of the students at the Wayland, Iowa school, who will switch on their lights generated from solar panels, and save the small Waco School District an estimated $100,000 annually. In Austin, Minnesota, students not only power their computers and part of their electricity needs from solar panels, but are using them as learning tools in their science and computer classes. According to a recent assessment by a local solar company, over 20 ICCSD buildings retrofitted with solar panels could generate electricity at market rates through third party power purchase agreements. Other options for long-term solar financing exist for the rest of the school locations. How do we move forward on solar in a timely manner? We need benchmarks: The City of Iowa City and ICCSD should adopt a requirement for 25% of the projected district and municipal energy use be provided by on-site renewable energy (solar, geothermal or wind) by 2016. This should be required for all new construction and major renovations of city buildings and projects seeking city TIF funding that have a construction budget of greater than $500,000 and city support greater than $75,000. At a recent forum on solar, hundreds of people signed petitions in support of such benchmarks. At the same time, both the City and ICCSD should adopt a 2030 Challenge requirement for all new buildings and existing innovation projects to be designed and built to meet energy efficiency standards of 70% below the regional average EUI for that building type. I've reached out to some elected officials in our community to see what they think of this idea and all that responded were encouraging of embracing a more regenerative future. County Supervisor Rod Sullivan thought that setting a goal of 25% at each location would be a tall order, but thought that reaching that goal as an average by requiring some onsite solar, geothermal or wind at each location would be possible. In an email to me, Sullivan pointed out that "realistically, you could put hundreds of solar panels at Alexander. You just can't do that at Mann or Lincoln. But if Alexander averaged 70%, Mann 2%, and Lincoln 2%, you are there." It's Sullivan's kind of reasoning, combined with backing of our city and school leadership that could make a plan like this possible. But, if we don't make renewable energy a priority for our community it will continue not to be part of planning for the future. I look forward to the day when the Longfellow Elementary School mission "to create a safe environment where all students are challenged to become independent life-long learners and leaders in society" is powered by solar energy. Thank you Tom, Katie Katie Roche Development Director at The Englert Theatre Member of Association of Fundraising Professionals Boa!�d aic,uncr. AFP Eastern Iowa M"Isicion �%: 'h Awful Purdies, The Dandelion Stompers katieia)englert.org - 319.688.2653 x107 Follow the Englert Facebook rlt Twitter /// Instagram )'lease onsidvr a ikir r a tax deductible donation to "I lie Englert "I heatre .aia% I - t ��=CITY OF IOWA CITY �p13 Ott ME M Date: March 12, 2015 To: Tom Markus, City Manager From: Douglas Boothroy, Director, Neighborhood and Development Services Re: Housing and Urban Development (HUD) and Department of Veterans Affairs Supportive Housing Assistance (VASH) program. Steven J. Rackis, Housing Administrator, in a memorandum to you and dated March 12, 2015, stated that HUD contacted the Housing Authority on March 6, 2015, to determine whether or not the Housing Authority would be interested in administering an additional 10 vouchers. As mentioned in Steve's memorandum, these additional vouchers will raise the total number of Veterans served through the HUD-VASH program from 57 to 67 with the Housing Authority administering the housing assistance portion. The HUD-VASH program has had a positive impact serving Veterans residing in the Iowa City/Cedar Rapids Corridor by providing services to Veterans experiencing chronic homelessness, severe mental illness, and other significant barriers. The Housing Authority has the capacity to administer the additional vouchers. Recommendation: Therefore, as you have directed, staff will apply for the additional 10 HUD-VASH vouchers. If the funding is approved by HUD, then the City Council will need to consider whether or not to accept the HUD-VASH vouchers. I r 1 CITY OF IOWA CITY 410 East Washington Street Iowa City, Iowa 52240-1826 (319) 356-5000 (319) 356-5009 FAX www.lcgov.org March 11'h, 2015 Kennedy Parkway area households Re: Removal of Speed Humps on Kennedy Parkway Dear Kennedy Parkway area households, You recently received a survey asking your opinion on the removal of speed humps on Kennedy Parkway following a petition received from a group of neighborhood residents. Each household was given an opportunity to vote for or against the proposal. Out of the ninety-four surveys sent, sixty-one households responded (65% response rate). Twenty-three households (38%) wish to remove the speed humps and thirty-eight households (62%) prefer the speed humps remain. At least 60% of responding households must prefer the removal of speed humps for the measure to move forward, therefore the speed humps will remain. If you have any questions please feel free to contact me at darian-nagle-gamm@iowa-city.org or 356- 5254. Since , DIan Na -G m Tra ngineering Planner cc: Tom Markus; City Manager Geoff Fruin; Assistant City Manager Ron Knoche; Public Works Director Jason Havel; City Engineer Jon Resler; Streets Superintendent Doug Boothroy; Neighborhood & Development Services Director Kent Ralston; Transportation Planner Marcia Bollinger; Neighborhood Services Sam Hargadine; Police Chief Jim Steffen; Police Captain S.tJf 0G\ FRANSt`lrat fic Stuoies' i raffic C aln7,ng%enneciy Park -way . letter doox Mediacom V %! March 10, 2015 Ms. Marian Karr City of Iowa City 410 E. Washington St. Iowa City, Iowa 52240-1826 Dear Ms. Karr 17- 2015 MAR, 16 Fill 1;: 39 WGN America has made the decision to move from a superstation to a cable network. Therefore, on or about April 15, 2015, Mediacom will be moving WGN America from Local Plus TV to Digital Family TV. WGN America will only be available in a digital format using a digital -ready TV or a Mediacom digital converter or adapter. WGN America HD will require a HD converter or adapter. Customers will be notified of these changes via bill message. To see the changes WGN America is making to better serve the interests of its national audience, please visit WGNAmerica.com. At the same time Mediacom will also be launching the Madison Square Garden channel (MSG) on channel 182 in the Sports & information package. These changes will not result in any price changes for our subscribers. If you have any questions please call me at 319-395-9699 ext. 3461 or e-mail Igrassley mediacomcc.com . Sincerely, e4 OJT Lee Grassley Senior Manager, Government Relations Mediacom Communications Corporation 6300 Council St. NE • Cedar Rapids, IA 52402 319-395-7801 Fax 319-393-7017 New Digital Current Local New Digital Family Ready TV New Service Plus Channel Channel Channel Level 78 53 54-25 Digital Family TV At the same time Mediacom will also be launching the Madison Square Garden channel (MSG) on channel 182 in the Sports & information package. These changes will not result in any price changes for our subscribers. If you have any questions please call me at 319-395-9699 ext. 3461 or e-mail Igrassley mediacomcc.com . Sincerely, e4 OJT Lee Grassley Senior Manager, Government Relations Mediacom Communications Corporation 6300 Council St. NE • Cedar Rapids, IA 52402 319-395-7801 Fax 319-393-7017 03-19-15 Marian From: City of Iowa City <webmaster@iowa-city.org> Sent: Wednesday, March 18, 2015 10:06 AM To: Marian Karr Subject: Public input sought on Public Access Television (PAN) Contact: Tv Coleman Contact Phone: 319-356-5454 Public input sought on Public Access Television (PATV) Issued by: Communications Office Mailing List(s): Classes, Programs S Events - General City News Originally Posted 3/18/2015 10:06:11 AM The Iowa City Telecommunications Commission will receive public comments on the performance of Public Access Television (PAN) on Monday, March 23, 2015 at 5:30 p.m. in Meeting Room A of the Iowa City Public Library, 123 S. Linn Street. Written comments may be sent to: Iowa City Telecommunications Commission c/o Ty Coleman 410 E. Washington Iowa City, IA 52240 Email comments may be sent to tv-coleman(aa)iowa-citv.org. PAN operates public access channel 18 on the Mediacom cable TV system as a contractor for the City of Iowa City. PATV provides equipment and training to the public to produce programs for live cablecast and/or replay on channel 18 from its facility at 226 Lafayette Street. More information about PATV is available at www.patv.ty. PAN is one of six Iowa City channels that feature original, locally produced programming. Other channels include: City Channel 4, InfoVision Channel 5, University of Iowa Television (UITV) Channel 17, The Library Channel (channel 20), and the Iowa City Community School District Channel 21. Program schedules for some of Iowa City's cable access channels may be found at http://www.citychannel4.com/access. For more information, contact Ty Coleman with the City's Cable Office at 319-356-5454. View this article on the ICGov Web Site: http'//www.icqov.org/apps/news/?newslD=10359 This media release was sent to: marian-karr(o)iowa-city.org Do not reply directly to this a -mail) It is produced from an automated system, and is not monitored for replies. If you have a question or comment about this information, please contact the individual(s) listed in the release. • Unsubscribe or edit your subscription details. • Visit our lobs page for employment opportunities. • View more news from the City of Iowa City.